Which of the Following Statements Is NOT a Feature of Ordinary

question 43

Multiple Choice

Which of the following statements is NOT a feature of ordinary shares?

• A) Ordinary shares are a major source of external equity financing for companies.
• B) Ordinary shares entail voting rights at annual general meetings.
• C) Ordinary shares have no fixed payment obligation.
• D) Dividends of ordinary shares are always tax deductible.

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Definitions:

Organizational Goals

These are predetermined objectives that a company or organization sets to guide its operations and strategic planning, aiming for long-term success and sustainability.

Friendship Groups

Informal social groups formed among colleagues, classmates, or neighbors based on mutual interests, support, and camaraderie.

Task Groups

Collections of individuals brought together to accomplish a specific job, project, or assignment within a limited timeframe.

Formal Groups

Collections of individuals brought together within an organization to achieve specific goals with defined roles and structures.