Question

Shares issued to promoters are called:
Deffered shares
Preference shares
A.
C.
B.
D.
Ordinary shares
None of these

Answer 1

Answer:

a) Deffered shares

Explanation:

Deferred or Founders' Shares

Thus, it may issue what is known as deferred shares. As deferred shares are normally held by promoters and directors of the company, they are usually called founders' shares.