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Pick the odd one out: (1) Irredeemable preference share (2) Participating preference share

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Question

Pick the odd one out:

Options

  • Irredeemable preference share 

  • Participating preference share

  • Cumulative preference share 

  • Open-ended preference share

MCQ
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Solution

Open-ended preference share

Explanation:

Open ended preference shares are not a sort of preference share, but the others are.

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Share Capital - Issue and Allotment of Preference Shares
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