{"id":24771,"date":"2024-04-15T06:51:10","date_gmt":"2024-04-15T06:51:10","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=24771"},"modified":"2024-04-15T06:51:10","modified_gmt":"2024-04-15T06:51:10","slug":"the-return-of-shares-to-the-company-is-known-as-___________-a-surrender-of-shares-b-transmission-of-shares-c-redeemable-shares-d-irredeemable-shares","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/the-return-of-shares-to-the-company-is-known-as-___________-a-surrender-of-shares-b-transmission-of-shares-c-redeemable-shares-d-irredeemable-shares\/","title":{"rendered":"The return of shares to the company is known as ___________. A. Surrender of shares B. Transmission of shares C. Redeemable shares D. Irredeemable shares"},"content":{"rendered":"

[amp_mcq option1=”Surrender of shares” option2=”Transmission of shares” option3=”Redeemable shares” option4=”Irredeemable shares” correct=”option1″]<\/p>\n

The correct answer is A. Surrender of shares.<\/p>\n

Surrender of shares is the act of returning shares to the company. This can be done voluntarily by the shareholder, or it can be forced by the company if the shareholder has breached the terms of the share agreement. When shares are surrendered, the company is usually required to repurchase them at a fair market value.<\/p>\n

Transmission of shares is the transfer of shares from one shareholder to another. This can be done through a sale, gift, or inheritance. When shares are transmitted, the new shareholder takes on all of the rights and responsibilities of the old shareholder.<\/p>\n

Redeemable shares are shares that the company has the right to repurchase at a specified price. This right is usually exercised when the company needs to raise cash or when the shareholder has breached the terms of the share agreement. When redeemable shares are repurchased, the company is usually required to pay the shareholder the fair market value of the shares.<\/p>\n

Irredeemable shares are shares that the company cannot repurchase. These shares are usually held for the long term, and the shareholder has no right to sell them.<\/p>\n

I hope this helps!<\/p>\n","protected":false},"excerpt":{"rendered":"

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