Which Statement About Shares Is Not Correct

question 30

Multiple Choice

Which statement about shares is not correct?

• A)Common shares represent the ownership interest of the company.
• B)Any share that is not a common share is a preferred share.
• C)A company can have as many classes of common shares as it wishes.
• D)Preferred shares represent the residual interest of the company.

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Definitions:

Beta Blockers

A class of medications that reduce blood pressure by blocking the effects of adrenaline, hence easing stress on the heart and blood vessels.

Tricyclic Antidepressant Agents

A class of medications used to treat depression and certain other conditions by altering the balance of neurotransmitters in the brain.

Monoamine Oxidase Inhibitors

A class of medications used to treat certain psychiatric conditions by inhibiting the action of the enzyme monoamine oxidase, affecting brain chemistry.

Cognitive Restructuring

A psychotherapeutic process of learning to identify and dispute irrational or maladaptive thoughts, often used in cognitive behavioral therapy.