The Statement Relating to Preference Shares That Is Not Correct

question 4

Multiple Choice

The statement relating to preference shares that is not correct is:

• A) They normally have a fixed rate of dividend attached.
• B) Holders are entitled to receive a dividend before ordinary shareholders.
• C) They are generally more risky for shareholders to own than ordinary shares.
• D) They are often non-voting shares.

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Definitions:

Conformity

The act of matching attitudes, beliefs, and behaviors to group norms, politics or being influenced by peer pressure.

Milgram's Studies

A series of social psychology experiments conducted by Stanley Milgram, which measured the willingness of study participants to obey an authority figure who instructed them to perform acts conflicting with their personal conscience.

Obedience

The act of following orders or instructions, often from an authority figure, without questioning.

Ethical Controls

Measures or guidelines put in place to ensure behavior and practices conform to ethical standards and principles.