When a company goes into liquidation, the _________ are paid their capital first before paying capital to the equity shareholders.

Related MCQs

• Specific number of shares offered by a company to its existing shareholders in proportion to their holdings is known as __________.
• Selling the stock even at a loss by the bulls is known as _________ or bull liquidation.
• An is the first sale of stock by a company to the public.
• A ______ is an individual who is paid a commission for executing customer orders.
• A is an individual who is paid a commission for executing customer orders.
• The rate of ___ is fixed before the issue of the preference shares.
• The rate of _______ is fixed before the issue of the preference shares.
• The rate of is fixed before the issue of the preference shares.
• When the bulls have to sell their shares at a loss, it is called _______________ .
• When the bulls have to sell their stocks even at a loss, the situation is called _______________.