How Many of the Following Statements, Relating to Ordinary Shareholders

question 4

Multiple Choice

How many of the following statements, relating to ordinary shareholders, are true?
Ordinary shareholders generally have greater risks than preference shareholders.
Ordinary shareholders are the last to receive a distribution if the company is wound up.
Ordinary shareholders have a greater opportunity for gain if the company is profitable than preference shareholders.
Ordinary shareholders have the right to vote at meetings of the company.

• A) 1
• B) 2
• C) 3
• D) 4

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Definitions:

Employment Discrimination

Unfair treatment of employees or job applicants based on race, gender, age, religion, or other characteristics.

Legal Rights

Privileges or entitlements granted to individuals or entities by law, which can be enforced in a court of law.

Procedural Law

The rules governing the process by which courts hear and determine what happens in civil lawsuit, criminal, or administrative proceedings.

ABA

American Bar Association; a professional organization for attorneys designed to set academic standards for law schools and codes of ethics in the US.