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Question

The capital of a company is divided into number of parts each one of which are called

(a) Dividend

(b) Profit

(c) Interest

(d) Share

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Solution

The capital of a company is divided into a number of parts, each one of which is called a share. These parts (or shares) are freely transferable except in the case of a private company.

Hence, the correct answer is option (d).


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