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What is the purpose of the 'Reissue of Shares' process?
  • a)
    To replace forfeited shares with new shares at the same price.
  • b)
    To distribute profits to existing shareholders in the form of bonus shares.
  • c)
    To convert partly paid shares into fully paid shares.
  • d)
    To issue new shares to new investors and generate additional capital.
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
What is the purpose of the 'Reissue of Shares' process?a)To replace fo...
The reissue of shares involves selling forfeited shares to new purchasers after they have been forfeited from previous shareholders.
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What is the purpose of the 'Reissue of Shares' process?a)To replace forfeited shares with new shares at the same price.b)To distribute profits to existing shareholders in the form of bonus shares.c)To convert partly paid shares into fully paid shares.d)To issue new shares to new investors and generate additional capital.Correct answer is option 'A'. Can you explain this answer? for B Com 2025 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 the 'Reissue of Shares' process?a)To replace forfeited shares with new shares at the same price.b)To distribute profits to existing shareholders in the form of bonus shares.c)To convert partly paid shares into fully paid shares.d)To issue new shares to new investors and generate additional capital.Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for B Com 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the purpose of the 'Reissue of Shares' process?a)To replace forfeited shares with new shares at the same price.b)To distribute profits to existing shareholders in the form of bonus shares.c)To convert partly paid shares into fully paid shares.d)To issue new shares to new investors and generate additional capital.Correct answer is option 'A'. Can you explain this answer?.
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