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

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Definitions:

Full Production

The level of production at which an economy or firm operates at maximum capacity, utilizing all available resources efficiently without waste.

Technology

The application of scientific knowledge for practical purposes, especially in industry and improvements in tools, machinery, and software.

Full Employment

Describes a situation where all available labor resources are being used in the most economically efficient way, typically with very low unemployment.

Production Possibilities Frontier

A diagram displaying the peak output scenarios for two different goods, given certain resources and influencing factors.