Which of the Following Is Not a Right or Preference

question 119

Multiple Choice

Which of the following is not a right or preference associated with preferred stock?

• A) The right to vote
• B) First claim to dividends
• C) Preference to corporate assets in case of liquidation
• D) To receive dividends in arrears before common stockholders receive dividends

---

Definitions:

PepsiCo

A global food and beverage leader with a product portfolio including 22 brands that generate more than $1 billion each in estimated annual retail sales.

Soft Drink Industry

An economic sector involved in manufacturing, distribution, and sales of non-alcoholic beverages, such as sodas, juices, and carbonated drinks.

Food Industry

The sector of the economy concerned with the production, processing, and distribution of food products.

Across Cultures Competency

The ability to understand, respect, and effectively interact with people from diverse cultural backgrounds.