In case of a liquidation of a public limited liability co...
In case of a liquidation of a public limited liability company, those that are first paid are
ordinary shareholders
prefernce shareholders
cumulative preference shareholders
debenture holders
Correct answer is D
Debenture-holders are the subscribers to debentures. Debentures are part of loan. A shareholder or member is the joint owner of a company; but a debenture holder is only a creditor of the company. In the event of liquidation, they are paid first before any other class of lenders.
one disadvantage of a sole proprietorship is? ...
Government financial grants is a source of capital to a ...
A document sent by a broker to his client to confirm a purchase or sale made on his behalf is ...
A document that serves as an instument for perferential tariff is referred to as ...
Manufacturers sell directly to consumers when they ...
Which of these is NOT a governments legislation to protect thee consumer? ...
An aspect of the law which allows an exclusive right for a limited number of years is a ...