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  • Bar Council Mock - 5
  • Redeemable capital shares
Multiple choice

Redeemable capital shares

  1. are based on interest

  2. are not based on interest

  3. are ordinary shares

  4. None of these

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Redeemable capital shares include finance obtained on the basis of any security or obligation not based on interest, other than an ordinary share of a company.

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