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Commerce · Q792

Legal Aspects of Business

Graduate and Post Graduate · Commerce · question 792

Q792

'Right of Participation' given to preference shareholders normally implies the right to participate in:

A.
Management
B.
Voting in General Meeting
C.
Divisible surplus profit/Bonus share
Answer
D.
Surplus assets at the time of winding up of the company

Answer: Option C

Solution

Answer: Option C
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