Get Started
831

Q: Shares of a company given in exchange for work done are called ?

  • 1
    Secondary shares
  • 2
    Hot equity
  • 3
    Preferential shares
  • 4
    Sweat equity shares
  • Show Answer
  • Workspace

Answer : 4. "Sweat equity shares"
Explanation :

Answer: D) Sweat equity shares Explanation: A sweat equity share is an equity share issued by the company to employees or directors at a discount or for consideration other than cash for providing know-how or making available rights in the nature of intellectual property rights or value additions.

The Most Comprehensive Exam Preparation Platform

Get the Examsbook Prep App Today