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Options
- A
Equity shareholders get voting rights
- B
The company has no obligation to pay any dividend
-
Equity shareholders have the first right of claim on the company's assets in case of liquidation
Correct answer
- D
Equity is perpetual
Why this is the answer
Equity shareholders are last in line during liquidation, after creditors and debtholders. They have voting rights, dividends are discretionary, and equity is generally perpetual. Option C is incorrect.
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