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Characteristic of ordinary shares

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Reference no: EM133011881

Which one of the following is a characteristic of ordinary shares?

 

  • A. The liability of ordinary shareholders is limited to the amount of debt the business has incurred upon liquidation.
  • B. Ordinary shareholders are only members of the business and do not have full control of the business.
  • C. Shareholders have no certainty that the money paid for shares will be recouped.
  • D. Ordinary shares in an unlisted company can be traded on the stock exchange.

Reference no: EM133011881

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