Question: (23) A correct difference between share capital and loan capital is: Select one: a. Loan capital involves members whereas share capital involves creditors; b. Loan

(23) A correct difference between share capital and loan capital is: Select one:

a. Loan capital involves members whereas share capital involves creditors;

b. Loan capital involves dividends whereas share capital involved principal and interest;

c. Share capital is much easier to raise than loan capital;

d. Repayment of loan capital takes priority over repayment of share capital in a winding up.

e. None of the answers are correct.

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