Reight shares are the shares, which :
A. Are issued to the Direction of the company
B. Are issued to existing shareholders of the company
C. Are issued to promoters in consideration of their services
D. Are issued to the vendors for purchasing assets
Answer:B
Reight shares are the shares, which :
A. Are issued to the Direction of the company B. Are issued to existing shareholders of the company C. Are issued to promoters in consideration of their services D. Are issued to the vendors for purchasing assets