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Commerce · Q1222

Accounting

Graduate and Post Graduate · Commerce · question 1222

Q1222

Which of the following is not correct in case of 'stock' of a company? The 'stock':

A.
is always fully paid
B.
can be directly issued to the public by the company
Answer
C.
do not bear distinctive number
D.
may be of unequal amounts

Answer: Option B

Solution

Answer: Option B
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