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Which of the following traces the characteristic of share?

Under Section 44 of the Companies Act, 2013, the shares or debentures of any member in a company are 'movable property', and under Section 2(7) of the Sale of Goods Act,…

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Which of the following traces the characteristic of share?

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Correct answer C

Under Section 44 of the Companies Act, 2013, the shares or debentures of any member in a company are 'movable property', and under Section 2(7) of the Sale of Goods Act, 1930, 'goods' explicitly include stock and shares.

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