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What is the purpose of issuing replacement share certificates in case of defacement or loss?
  • a)
    To provide additional certificates to shareholders.
  • b)
    To help shareholders trade shares more frequently.
  • c)
    To keep track of shareholders' stock transactions.
  • d)
    To ensure that shareholders can maintain their ownership records.
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
What is the purpose of issuing replacement share certificates in case ...
The purpose of issuing replacement share certificates is to ensure that shareholders can maintain accurate ownership records, even in cases of defacement, loss, or damage to the original certificates. Replacement certificates help in maintaining the integrity of ownership records. This makes Option D the correct answer.
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What is the purpose of issuing replacement share certificates in case of defacement or loss?a)To provide additional certificates to shareholders.b)To help shareholders trade shares more frequently.c)To keep track of shareholders' stock transactions.d)To ensure that shareholders can maintain their ownership records.Correct answer is option 'D'. Can you explain this answer?
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What is the purpose of issuing replacement share certificates in case of defacement or loss?a)To provide additional certificates to shareholders.b)To help shareholders trade shares more frequently.c)To keep track of shareholders' stock transactions.d)To ensure that shareholders can maintain their ownership records.Correct answer is option 'D'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What is the purpose of issuing replacement share certificates in case of defacement or loss?a)To provide additional certificates to shareholders.b)To help shareholders trade shares more frequently.c)To keep track of shareholders' stock transactions.d)To ensure that shareholders can maintain their ownership records.Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the purpose of issuing replacement share certificates in case of defacement or loss?a)To provide additional certificates to shareholders.b)To help shareholders trade shares more frequently.c)To keep track of shareholders' stock transactions.d)To ensure that shareholders can maintain their ownership records.Correct answer is option 'D'. Can you explain this answer?.
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