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Which of the following are the features of equity shares? - Commercial Studies

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प्रश्न

Which of the following are the features of equity shares?

पर्याय

  • It is a divisible part of the capital of a company.

  • It confers voting rights on its holder.

  • It creates certain liabilities on its holder.

  • Each share have some common number.

MCQ

उत्तर

It confers voting rights on its holder and it creates certain liabilities on its holder.

Explanation:

The following are the features of an equity share:

  1. It is an indivisible part of the capital of a company.
  2. It confers certain rights on its holder, e.g. dividend, voting power, return of capital, etc.
  3. It creates certain liabilities for its holder.
  4. Each share has a distinct number.
  5. Each share has a nominal or face value.
  6. The holder of a share is issued a share certificate under the seal of the company.
  7. It is a movable property and can be transferred in the manner laid down in the Articles of the Company.
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Equity Shares
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पाठ 10: Sources of Finance - EXERCISES [पृष्ठ १६९]

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गोयल ब्रदर्स प्रकाशन Commercial Studies [English] Class 10 ICSE
पाठ 10 Sources of Finance
EXERCISES | Q 25. | पृष्ठ १६९
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