Ordinary Shareholders Have a Claim on the Company's Assets

question 82

Multiple Choice

Ordinary shareholders have a claim on the company's assets

• A)at any time,equal to the value of their shares.
• B)only after the claims of debtholders and preference shareholders have been satisfied.
• C)after the claims of the preference shareholders have been satisfied,but before the debt holders.
• D)never.Ordinary shareholders have no claim on the company's assets.

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Definitions:

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