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:

Redundancy

The duplication of critical components or functions of a system with the intention of increasing reliability of the system.

Genetic Code

The set of rules by which information encoded within genetic material (DNA or mRNA sequences) is translated into proteins by living cells.

Evolution

The process by which different kinds of living organisms are thought to have developed and diversified from earlier forms during the history of the earth through natural selection, genetic drift, mutations, and gene flow.

SnoRNAs

Small nucleolar RNAs, a class of small RNA molecules that primarily guide chemical modifications of other RNAs, particularly ribosomal RNAs.