Which of the Following Statements Is Not Correct? an Ordinary

question 60

Multiple Choice

Which of the following statements is not correct? An ordinary shareholder in a troubled corporation:

• A)may lose his/her house.
• B)does not receive dividends.
• C)records a decrease in the value of his/her assets.
• D)receives the proceeds from the sale of the assets after the creditors and the preference shareholders are paid if the company goes bankrupt.

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