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Which of the Following Statements Relating to Shares Is Not

Question 28

Multiple Choice

Which of the following statements relating to shares is not correct?


A) A share represents an ownership right in a company.
B) Each share in a company carries a right to vote for directors of the company.
C) Each share in a company carries a right to share proportionately in all new share issues of a company.
D) Each share in a company carries a right to share in the assets on the liquidation of the company.

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