📊 Corporate Accounting
Q. Preference shares cannot be redeemed unless they are ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
  • (A) Partly paid
  • (B) Fully paid
  • (C) Twice paid up
  • (D) One by two paid up.
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✅ Correct Answer: (B) Fully paid

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