Question

Many times we read in financial newspapers/magazines about "Share Swap" done by big corporates. What is "Share Swap"?
(A) A business takeover in which acquiring company uses its own stock to pay for the acquired company
(B) When a company uses its own shares to get some short term loan for working capital requirement, it is known as Share Swap
(C) When companies are required to float a new issue to earn capital for their expansion programmes, each shareholder gets some additional preferential shares. The process of the allotment of preferential share is known as Share Swap.; 1) Only A; 2) Only B; 3) Only C; 4) None of these

Answer 1

( 2 ) Only B is the right

Answer 2

Heya mate
The answer of ur question is



♢ (B) When a company uses its own shares to get some short term loan for working capital requirement, it is known as Share Swap


Is the answer



hope it helps