47.0k views
4 votes
The most common type of shares issued by a limited company, which gives holders voting rights and dividends based on the company’s profits are called _________ a. Ordinary Shares b. Bank shares c. Consumer shares d. None of the above

User S T
by
8.8k points

1 Answer

0 votes

Answer:

The correct answer is letter "D": None of the above.

Step-by-step explanation:

Preference Shares also known as preferred shares are equity shares that give the shareholders certain rights ahead of common shareholders. For instance, when a corporation declares a dividend, preference shareholders receive dividend payments before common shareholders. Preference shares usually have a fixed dividend, which means the company is obligated to periodically declare and pay the dividend.

User Jokab
by
8.2k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories