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Sources of Business Finance — OCM STD 11 Commerce — Question

Gujarat BoardEnglish MediumSTD 11 CommerceOCMSources of Business Finance2 Marks
Question
State any four characteristics of equity share.
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Answer

  • The characteristics of equity share are
  1. Equity shareholders are true owners of the company.
  2. Voting right per share.
  3. Dividend and the rate of dividend is uncertain.
  4. At the time of dissolution, equity shareholder is the last to get back his capital.
  5. Equity shareholder gets the right of bonus share and right share.

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