English

______ have the last claim but full voting rights. - Commercial Studies

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Question

______ have the last claim but full voting rights.

Options

  • Equity Shares

  • Preference shares

  • Debentures

  • Loans from commercial banks

MCQ
Fill in the Blanks

Solution

Equity shares have the last claim but full voting rights.

Explanation:

Equity shareholders have the last claim on assets during liquidation but enjoy full voting rights, giving them control over important company decisions.

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Equity Shares
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Chapter 10: Sources of Finance - EXERCISES [Page 168]

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Goyal Brothers Prakashan Commercial Studies [English] Class 10 ICSE
Chapter 10 Sources of Finance
EXERCISES | Q 8. | Page 168
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