Normal Features of Ordinary Shares Include

question 23

Multiple Choice

Normal features of ordinary shares include:

• A) They entitle the holder to receive his/her proportion of any ordinary dividends declared.
• B) They ensure the holder has priority over unsecured creditors in the case of the company going into liquidation.
• C) They confer voting rights.
• D) They entitle the holder to receive his/her proportion of any ordinary dividends declared and they confer voting rights.
• E) All of the given answers.

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Definitions:

Scope Of Employment

The range of activities considered part of an employee's job duties and responsibilities for which the employer is legally responsible.

Agent's Conduct

Agent's conduct refers to the actions and behavior of an agent while acting on behalf of a principal, which must align with the principal's instructions and the laws governing the agency relationship.

Employer

An individual or organization that hires and pays people to work.

Motivated

Having a strong desire or willingness to act or accomplish something; driven by certain motives or incentives.