When Preference Shares Share Ratably with the Ordinary Shareholders in Any

question 66

Multiple Choice

When preference shares share ratably with the ordinary shareholders in any profit distributions beyond the prescribed rate this is known as the

• A)Cumulative feature.
• B)Participating feature.
• C)Callable feature.
• D)Redeemable feature.

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Definitions:

Intellectual Property

A category of property that includes intangible creations of the human intellect, such as inventions, literary and artistic works, designs, symbols, names, and images used in commerce.

Legal And Political Systems

The comprehensive structure within which laws are created, interpreted, and enforced, and how government decision-making occurs, influencing the behavior of individuals and organizations.

Asia Pacific Economic Cooperation

A forum that links 21 countries to promote free trade and investment in the Pacific region.

Economic Alliance

A partnership between countries or organizations to pursue shared economic goals, often involving trade agreements or collaborative projects.