Shares are issued for cash only. (State True or False)
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FALSE.....
IT IS ISSUED FOR DIFFERENT PURPOSE.
IT IS ISSUED FOR DIFFERENT PURPOSE.
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Answer:
False
Explanation:
Shares are issued for cash only. - False
Share issue is the method through which businesses pass on fresh shares to shareholders who may be new or current shareholders themselves. Any allocation of shares not to receive cash is referred to as the ' issue of shares other than cash for consideration. For instance, construction is bought and shares are issued to make payment. Shares are generally released in money.
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