1.
Share
Capital is borrowed capital. (False)
2.
Stock
cannot be split up into the different parts. (False)
3.
Equity
shareholders get dividend every year without fail. (False)
4.
Preference
shareholders receive a fluctuating rate of dividend. (False)
5.
Preference
shareholders have normal voting rights in the general body meeting. (False)
6.
A
share warrant is issued only in respect of fully paid shares. (True)
7.
Share
Warrant is a negotiable instrument. (True)
8.
A
share Certificate is a bearer document. (False)
9.
Transmission
of shares is a voluntary act. (False)
10. Surrender of shares is possible in the case of partly paid shares only. (True)
10. Surrender of shares is possible in the case of partly paid shares only. (True)
