Owners of Preferred Shares Often Do Not Have

question 30

Multiple Choice

Owners of preferred shares often do not have

• A)Ownership rights to assets of the corporation
• B)Voting rights
• C)Preference to dividends
• D)The right to sell their shares
• E)Rights in liquidation

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Definitions:

National Health Insurance

A system intended to insure all citizens against financial risks of medical expenses, often funded through taxation or mandatory insurance contributions.

Socialist

A political and economic theory advocating for public or collective ownership and administration of the means of production and distribution of goods.

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The principle or system whereby local or smaller communities govern themselves, rather than being governed by external forces.

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