Which of the Following Statements Is FALSE

question 45

Multiple Choice

Which of the following statements is FALSE?

• A)The preferred stock issued by young companies typically does not pay regular cash dividends.
• B)The preferred stock issued by young companies usually gives the owner an option to convert it into common stock on some future date,so it is often called callable preferred stock.
• C)If the company runs into financial difficulties,the preferred stockholders have a senior claim on the assets of the firm relative to any common stockholders.
• D)Preferred stock issued by mature companies such as banks usually has a preferential dividend and seniority in any liquidation and sometimes special voting rights.

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Definitions:

Ovum

The female reproductive cell or egg cell in animals and plants.

Fimbriae

Fringe-like projections at the end of the fallopian tubes near the ovaries, involved in guiding the egg into the tube.

Flagella

Long, slender projections from a cell that are used for locomotion or sensory functions.

Filum

A slender thread-like structure, especially one found in the anatomy of animals, such as the filum terminale in the human spine.