Question
Equity Share Capital

Answer

It is the basic source of business finance that carries no preference regarding the rate of dividend, i.e. its fluctuating, and repayment of capital during winding up. They bear the ultimate risk with ownership and have a residual claim during winding up.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free