Q403
Consider the following statements. 1. Transfer and transmission of shares are the same thing. 2. 'Stag' is a speculative person who applies for shares in a new issue expected to be over subscribed to make profit by selling such shares at a premium. 3. Stock is a bundle of fully paid shares put together for convenience. Which of the statement(s) given above is/are correct?
A.
Both 1 and 2
B.
Both 2 and 3
AnswerC.
Only 3
D.
Only 2
Answer: Option B
Solution
Answer: Option B
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