Which of the Following Statements Is CORRECT

question 59

Multiple Choice

Which of the following statements is CORRECT?

• A) Preferred stockholders have a priority over bondholders to the income in the event of a bankruptcy,but not to the proceeds in the event of a liquidation.
• B) The preferred stock of a given firm is generally less risky to investors than the same firm's common stock.
• C) Corporations cannot buy the preferred stocks of other corporations.
• D) Preferred dividends are not generally cumulative.
• E) A big advantage of preferred stock is that dividends on preferred stocks are tax deductible by the issuing corporation.

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Definitions:

Crowdsourcing

Obtaining information or input for a project (such as development of a product) by obtaining the opinions of many different people.

Affective Computing

The study and development of systems and devices that can recognize, interpret, process, and simulate human emotions.

Cognitive Surplus

The combination of leisure time and the tools to be creative.

Distributed Computing

A computing paradigm in which components spread across multiple systems work on a problem, either in parallel or distributed functions.