The Owners' Equity of an Organisation Is the Same as the Shareholders

question 52

True/False

The owners' equity of an organisation is the same as the shareholders' funds of a company.

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Definitions:

Unaware

Lacking knowledge or awareness about something.

Equity of Redemption

The right of a debtor to reclaim property that has been used as collateral after the debt obligation has been fully paid.

Hypothecation

The practice of pledging assets as collateral to secure a loan, without transferring ownership of the collateral.

Legal Title

The formal right of ownership of property, recognized and protected by law.