Join ExamsbookAnswer : 4. "Sweat equity shares"
Shares of a company given in exchange for work done are called ?5
Q: Shares of a company given in exchange for work done are called ?
- 1Secondary sharesfalse
- 2Hot equityfalse
- 3Preferential sharesfalse
- 4Sweat equity sharestrue
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Answer : 4. "Sweat equity shares"
Explanation :
Answer: D) Sweat equity shares Explanation: A sweat equity share is an equity share issued by the company to employees or directors at a discount or for consideration other than cash for providing know-how or making available rights in the nature of intellectual property rights or value additions.