Holder of ordinary shares do not have the right to?

By: |Published on: Jun 3|Categories: Accounting WAEC| 0 comments

A. participate in additional issue of shares
B. vote at annual general meetings
C. elect the board of directors
D. receive dividends at a predetermined rate

Correct Answer: Option D

D. receive dividends at a predetermined rate

Users Also Read These:

SEE ALSO  A document which acknowledges that a company owes a person a stated sum of money with an agreement to pay a fixed rate of interest periodically is?

Copyright warnings! Do not copy.