The Process of Holding Shares in Electronic Form Is Known

question 26

Multiple Choice

The process of holding shares in electronic form is known as

• A)Demutualisation
• B)Dematerialisation
• C)Speculation
• D)None of the above

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Definitions:

Perfection by Attachment

Perfection by Attachment is a legal process in secured transactions under the UCC, ensuring a security interest attaches to the collateral and is enforceable against third parties.

Motor Vehicle

A self-propelled vehicle used for transporting passengers or goods on land.

Perfection

In legal contexts, this term often pertains to the steps required to protect a secured interest against claims from third parties.

Public Notice

An official announcement made to the public through available ways, including newspapers, official websites, or public bulletin boards.