Economics · Financial Markets
A 'Share Certificate' is best defined as which of the following?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1A credit document utilized for pledging shares as collateral for corporate loans
- 2A tax invoice generated by a registered stockbroker upon executing a buy order
- 3A preliminary receipt given to an investor before an allotment money request is generated
- 4A legal document issued under the company's common seal that certifies ownership of a specified number of shares✓
Correct answer
A legal document issued under the company's common seal that certifies ownership of a specified number of shares
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