What Makes Preferred Stock Questionable in Classification

question 34

Essay

What makes preferred stock questionable in classification?

---

Definitions:

Thirteenth Amendment

An amendment to the U.S. Constitution that abolished slavery and involuntary servitude, except as punishment for a crime.

Three-fifths Compromise

was a constitutional agreement that each slave would count as three-fifths of a person for population representation and taxation purposes.

White Supremacist

An ideology that promotes the belief that white people are superior to those of all other races, especially the black race, and should therefore dominate society.

Ku Klux Klan

A white supremacist group that emerged in the post-Civil War United States, advocating for white dominance and known for violent racist acts.