Which of the Following Characteristics Is Not Associated with Ordinary

question 65

Multiple Choice

Which of the following characteristics is not associated with ordinary shares?

• A)Vote by proxy.
• B)Limited liability.
• C)Cumulative dividends.
• D)Residual claim on income and assets.

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Definitions:

Predictable Variability

The expected fluctuations in demand, supply, or other business variables that can be forecasted with some accuracy.

Demand

The total quantity of a product or service that consumers are willing and able to purchase at various price levels at a given point in time.

Lipase

An enzyme that catalyzes the breakdown of fats into fatty acids and glycerol.

Gastrointestinal Tract

The pathway starting from the mouth to the anus, responsible for digestion and absorption of nutrients.