Share Capital and Types of Shares — SPCC STD 11 Commerce — Question
Gujarat BoardEnglish MediumSTD 11 CommerceSPCCShare Capital and Types of Shares2 Marks
Question
State any four characteristics of Equity shares.
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Answer
(i) The equity shareholders have a right to vote in the meeting of the company. (ii) Equity shareholders’ dividend and rate of dividend is uncertain. (iii) The dividend on equity share is directly related with the profit of the company. (iv) These shares are non-refundable untill the existence of the company.
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