The correct answer is: A. an equity share
An equity share is a type of security that represents ownership in a company. It is transferable merely by delivery, which means that the ownership of the share can be transferred from one person to another by simply handing over the share certificate.
A preference share is a type of security that gives the holder a preference over the holders of equity shares in the event of a company winding up. Preference shares are not transferable merely by delivery, but must be transferred in accordance with the terms of the preference share issue.
A share warrant is a document that entitles the holder to subscribe for a certain number of shares in a company. Share warrants are not transferable merely by delivery, but must be transferred in accordance with the terms of the share warrant issue.
A debenture is a loan that is secured against the assets of a company. Debentures are
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