Verge Ltd has issued the following shares which have equal voting rights: What t
ID: 2330384 • Letter: V
Question
Verge Ltd has issued the following shares which have equal voting rights:
What type of company is Verge Ltd?
Class A: 100 shares
Class B: 100 shares
Class C: 100 shares
Class D: 100 shares
It is unknown as the provisions of the constitution have not been revealed
A public company limited by guarantee
A listed no liability company
A proprietary company
A public company limited by shares
An incorporated association.
1It is unknown as the provisions of the constitution have not been revealed
2A public company limited by guarantee
3A listed no liability company
4A proprietary company
5A public company limited by shares
6An incorporated association.
Explanation / Answer
Solution:
Verge limited is a public company limited by shares.
Hence option 5 is correct.
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