MCQOPTIONS
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| 1. |
Which of thefollowingnstatements is true? |
| A. | Fully paid preference shares can only beredeemed |
| B. | A company can issue irredeemablepreference shares |
| C. | A company cannot redeem preferenceshares at premium |
| D. | Preference shares can be redeemed after20years from thedate of theirissue |
| Answer» B. A company can issue irredeemablepreference shares | |