Which of the Following Statements Is Incorrect

question 20

Multiple Choice

Which of the following statements is incorrect?

• A) Each share in a company carries a right to share in the assets on the liquidation of the company;
• B) Each share in a company carries a right to share proportionately in all new share issues of a company;
• C) A share represents an ownership right in a company;
• D) Each share in a company carries a right to vote for directors of the company.

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Definitions:

Bipolar Cells

Cells located in the retina that function as intermediaries between photoreceptors and ganglion cells, playing a crucial role in visual processing.

Cones

Photoreceptor cells in the retina of the eye that function best in relatively bright light and enable the perception of color and fine detail.

Nocturnal

Pertaining to or occurring during the night; active or awake at night.

Retina

The light-sensitive layer of tissue at the back of the eye that captures images and sends visual information to the brain.