Which of the Following Features of Preference Shares Makes the Security

question 67

Multiple Choice

Which of the following features of preference shares makes the security more like debt than an equity instrument?

• A)Participating
• B)Voting
• C)Redeemable
• D)Noncumulative

---

Definitions:

Mutualistic Relationship

A type of symbiotic interaction where both organisms involved derive a benefit, enhancing their survival or reproductive success.

Lichens

Symbiotic partnerships between a fungus and an alga or a cyanobacterium, capable of surviving in harsh environmental conditions and playing a role in ecosystem nutrient cycles.

Clownfish

Brightly colored fish known for their symbiotic relationship with sea anemones, inhabiting the warm waters of the Pacific and Indian Oceans.

Catastrophic

Involving or causing sudden great damage or suffering, typically on a large scale or involving a natural disaster.