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State whether the following statement is true or false. Equity shareholders are described as ‘shock absorber’ when company has financial crisis. - Secretarial Practice

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Question

State whether the following statement is true or false.

Equity shareholders are described as ‘shock absorber’ when company has financial crisis.

Options

  • True

  • False

MCQ
True or False
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Solution

This statement is True.

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Sources of Owned Capital - Shares
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Chapter 2: Sources of Corporate Finance - Exercises [Page 35]

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Balbharati Secretarial Practice [English] Standard 12 Maharashtra State Board
Chapter 2 Sources of Corporate Finance
Exercises | Q 1. D) 3 | Page 35

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