Preference Shares Have Contractual Provisions That Give It a Preference

question 351

Short Answer

Preference shares have contractual provisions that give it a preference over ordinary shares as to ___________________ and to ___________________ in the event of liquidation.

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Definitions:

Dehumanization

The process of depriving a person or group of positive human qualities, often leading to the justification of inequality or violence against them.

Bureaucracies

Organizational structures managed by officials and a set of rules and norms, known for having clear hierarchies and detailed procedures.

Clients

Individuals or entities that seek and receive professional services or advice from a business or professional individual in return for payment.