Normal features of ordinary shares include:
A) They entitle the holder to receive his/her proportion of any ordinary dividends declared.
B) They ensure the holder has priority over unsecured creditors in the case of the company going into liquidation.
C) They confer voting rights.
D) They entitle the holder to receive his/her proportion of any ordinary dividends declared and they confer voting rights.

Question

Quizplus · Accepted Answer

Ordinary shares typically entitle the holder to receive their proportion of any ordinary dividends declared, and they also confer voting rights. Option A and Option B are partially correct but do not cover the full range of features of ordinary shares.

Normal Features of Ordinary Shares Include