Practicing Success
What is a share? |
Capital of only Private Company Capital of the company divided into small denominations Capital of only Public Company Capital of unlimited company |
Capital of the company divided into small denominations |
The correct answer is option 2- Capital of the company divided into small denominations. Shares, refer to the units into which the total share capital of a company is divided. Thus, a share is a fractional part of the share capital and forms the basis of ownership interest in a company. The persons who contribute money through shares are called shareholders. |