Founders shares are usually referred to as deferred shares because the holders?

By: |Published on: Jul 26|Categories: Commerce WAEC| 0 comments

A. are not entitled to any dividend
B. receives their dividends before other shareholders
C. are the managers of the company
D. receive dividends after other shareholders
E. are entitled to accumulative dividends

Correct Answer:

Option D – receive dividends after other shareholders

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