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Question 1 What is meant by share? What are the types of shares? Distinguish between an ordinary share and a preference share. (10 +10=20 points)

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Question 1 What is meant by share? What are the types of shares? Distinguish between an ordinary share and a preference share. (10 +10=20 points) Question 1 What is a debenture? Briefly outline the different types of debentures. Also write the major differences between shares and debentures. (20 points). Question 2 Explain the following with examples: a) Forfeiture of shares b) Rights issue of shares c) Over subscription and undersubscription of share d) Bonus issue of shares e) Retained earnings f) General reserve g) Private placement h) Annual/final dividend i) Interim divided j) Redemption of preference shares (20 points)

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