MCQOPTIONS
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| 1. |
Many times we read in financial newspapers/magazines about "Share Swap" done by big corporates. What is "Share Swap"?_x000D_ (A) A business takeover in which acquiring company uses its own stock to pay for the acquired company_x000D_ (B) When a company uses its own shares to get some short term loan for working capital requirement, it is known as Share Swap_x000D_ (C) When companies are required to float a new issue to earn capital for their expansion programmes, each shareholder gets some additional preferential shares. The process of the allotment of preferential share is known as Share Swap. |
| A. | Only A |
| B. | Only B |
| C. | Only C |
| D. | None of these |
| Answer» B. Only B | |