Examlex

Solved

Which Statement About Electronic Charting Is Incorrect

question 39

Multiple Choice

Which statement about electronic charting is incorrect?


Definitions:

Preferred Stock

A class of shares that offer their holders preferential rights to dividends and asset distribution over common stockholders, often without voting rights.

Treasury Shares

Shares of a company's own stock that it has reacquired and holds, which do not carry voting rights or pay dividends.

Authorized

Officially given a right or power to do something or the condition of having official permission.

Dividends

Payments made by a corporation to its shareholders, usually as a distribution of profits.

Related Questions