Business Studies

Preference shares carry preferential rights with respect to _____________.


ANSWER

Both (A) & (B)


SOLUTION
As per companies act, 2013, preference share capital is defined as instruments which have preferential right with respect to dividend payment (fixed/ on percentage basis) and repayment of capital during winding up of the company.
View Answers

You're just one step away

Create your Digital Resume For FREE on your name's sub domain "yourname.wcard.io". Register Here!


Single Correct Medium Published on 18th 08, 2020
Next Question
Questions 244531
Subjects 8
Chapters 125
Enrolled Students 218
Enroll Now For FREE

Realted Questions

Q1 Single Correct Medium
Availability of adequate finance is ___________ for the survival and growth of a business.
  • A. optional
  • B. very crucial
  • C. secondary
  • D. none of the above

Asked in: Business Studies - Sources of Business Finance


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q2 Subjective Medium
Answer briefly:
What is the importance of finance to a business concern?

Asked in: Business Studies - Sources of Business Finance


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q3 Subjective Medium
What is required to tackle the uncertainty in respect of availability and timings of funds? 
Name the concept involved and explain any three points of its importance?

Asked in: Business Studies - Sources of Business Finance


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q4 Single Correct Medium
Which one of the statements applies only to Preference Shareholders?
  • A. Shareholders risk the loss of investment.
  • B. Shareholders bear the risk of no dividends in the year of losses.
  • C. Shareholders usually have the right to vote.
  • D. Dividends are usually a fixed amount in every financial year.

Asked in: Business Studies - Sources of Business Finance


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q5 Subjective Medium
What is equity share? Explain the features of equity shares.

Asked in: Business Studies - Sources of Business Finance


1 Verified Answer | Published on 18th 08, 2020

View Answer