Which of the Following Statements Relating to Shares Is Not

question 28

Multiple Choice

Which of the following statements relating to shares is not correct?

• A) A share represents an ownership right in a company.
• B) Each share in a company carries a right to vote for directors of the company.
• C) Each share in a company carries a right to share proportionately in all new share issues of a company.
• D) Each share in a company carries a right to share in the assets on the liquidation of the company.

---

Definitions:

Positive Reinforcer

A desirable stimulus that increases the likelihood of a behavior being repeated when it is presented following that behavior.

Money

A medium of exchange in the form of coins and banknotes; used to facilitate the sale, purchase, or trade of goods and services.

Negative Reinforcement

A behavioral principle where the removal of an unfavorable outcome or stimulus increases the likelihood of a behavior being repeated in the future.

Removal

The act of taking away or eliminating something from a particular place or context.