Shares issued to promoters in consideration of services rendered by them in bringing about the company…
Shares issued to promoters in consideration of services rendered instead of cash, often with deferred payment of dividend, fall under the category of "Deferred shares".
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Shares issued to promoters in consideration of services rendered by them in bringing about the company come under the category of:
Answer and explanation
Correct answer B
Shares issued to promoters in consideration of services rendered instead of cash, often with deferred payment of dividend, fall under the category of "Deferred shares".
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