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All of these statements are correct EXCEPT for which of the following? Question 19 options:
shareholders are in debtor/creditor relationship with a corporation shares are equity in a
corporation on a winding-up of a company, shareholders are repaid after creditors shareholders
are entitled to dividends only when the corporation makes a profit and the directors declare that
dividends shall be paid shares are a proportionate ownership of a corporation

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All of these statements are correct EXCEPT for which of the followin.pdf

  • 1. All of these statements are correct EXCEPT for which of the following? Question 19 options: shareholders are in debtor/creditor relationship with a corporation shares are equity in a corporation on a winding-up of a company, shareholders are repaid after creditors shareholders are entitled to dividends only when the corporation makes a profit and the directors declare that dividends shall be paid shares are a proportionate ownership of a corporation