
Shareholders
Quiz
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Other
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University - Professional Development
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Practice Problem
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Medium
Anastasia Ward
Used 33+ times
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6 questions
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1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The shareholders of a company have unlimited liability.
True
False
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is not a characteristic of a company?
Separate legal existence
Unlimited liability for shareholders
Easy transferability of ownership interests
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If a business ceases operations and liquidates, which of the following will be paid last?
Shareholders.
General creditors.
Employees.
Creditors who have security for their loans.
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Preference shareholders typically have the right to receive a dividend before ordinary shareholders.
True
False
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a preferential shareholders right in a private company?
The right of preemption
The right to share in dividends.
The right to vote on the board of directors.
The right to participate in management decisions.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A company where all the shares are owned by another company is called a (INSERT THE CORRECT ANSWER).
joint venture
parent company
subsidiary
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