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Question
Depositors are given voting rights.
Options
True
False
Solution
This statement is false.
Explanation:
Depositors are the creditors of the company. They are not the members of the company. He is not given voting rights. He does not participate in the management as he is not the owner of the company. He is a creditor of the company and gets regular interest at the fixed rate on his deposit.
RELATED QUESTIONS
A company can issue ______ convertible debentures.
Select the correct answer from the option given below and rewrite the statement:
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Select the correct answer from the option given below and rewrite the statement:
_______ protects the interest of debenture holders
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Write a word or a term or a phrase which can substitute the following statement.
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Study the following case/situation and express your opinion.
| Admire Ltd., a listed public company of which the board of directors recommended ₹10/- per share as a dividend to equity shareholders: |
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Study the following case/situation and express your opinion.
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