Which ONE of the Following Statements Is True About Ordinary

question 73

Multiple Choice

Which ONE of the following statements is true about ordinary shares?

• A) Ordinary Shares are considered to have a fixed maturity.
• B) Owners of ordinary shares are guaranteed dividend payment by the company.
• C) Owners of ordinary shares have the lowest-priority claim on the company's assets in the event of insolvency.
• D) Ordinary shareholders have unlimited liability.

---

Definitions:

First Menstruation

Also known as menarche, it signifies the onset of menstruation in individuals, marking a significant point in the transition from childhood to womanhood.

Adolescent Development

The phase of growth and change that occurs between childhood and adulthood, encompassing physical, psychological, and social development.

Menarche

The first occurrence of menstruation in a female, marking the onset of reproductive capability.

Kohlberg's Theory

A theory of moral development proposed by Lawrence Kohlberg, which suggests that individuals progress through a series of stages in understanding of right and wrong.