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The shares that must be redeemed first at liquidation of a company are?

Economics
JAMB 1997
The shares that must be redeemed first at liquidation of a company are?
  • A. preference shares
  • B. non-voting ordinary shares
  • C. ordinary shares
  • D. debentures
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Correct Answer: Option A
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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