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4. Which of the following is not a characteristic of ordinary shares? A. They can exist for as long as the company does. B. The

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4. Which of the following is not a characteristic of ordinary shares? A. They can exist for as long as the company does. B. The dividend amount per ordinary share must be approved by shareholders. C. The dividends paid are tax deductible for the company. D. They entitle the holder to ownership of the company. E. Shareholders are allowed to elect members to the board of directors

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