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One Advantage of Using Ordinary Shares as a Source of Funds

question 46

True/False

One advantage of using ordinary shares as a source of funds is that ordinary shares does not legally obligate the firm to make payments to shareholders.


Definitions:

Community

A group of people living in the same place or having a particular characteristic in common, often sharing a sense of belonging and mutual support.

ECT

Electroconvulsive Therapy (ECT) is a medical treatment that involves applying brief electrical pulses to the brain to induce controlled seizures, primarily used to treat severe depression and other mental health disorders.

Psychiatrists

Medical doctors specializing in the diagnosis, treatment, and prevention of mental illnesses and disorders, often using a combination of medication and psychotherapy.

Psychotherapy

A therapeutic interaction or treatment between a trained professional and a client to address mental health issues or improve well-being.

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