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State whether the following statement is True or False: Member is entitled to profits of the company when dividend is declared. - Secretarial Practice

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Question

State whether the following statement is True or False:

Member is entitled to profits of the company when a dividend is declared.

Options

  • True

  • False

MCQ
True or False
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Solution

True

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Members of a Company
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Chapter 5: Members of a company - Exercise Q.1 [Page 74]

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Balbharati Secretarial Practice [English] 11 Standard Maharashtra State Board
Chapter 5 Members of a company
Exercise Q.1 | Q 4.07 | Page 74

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