Question
Read the following statements. (i) When raising funds, if the entrepreneur prefers to retain control rights of their business, generally it is better to issue
Read the following statements. (i) When raising funds, if the entrepreneur prefers to retain control rights of their business, generally it is better to issue debt than equity. (ii) The order-driven market is for companies with good liquidity therefore is only used on the main market at the London Stock Exchange. (iii) As shareholders have limited liability, it is less risky to invest in shares than in debt. Which of the following statement is correct?
a. Only (i) is correct. b. Only (i) and (ii) are correct. c. All are correct. d. None is correct.
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