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:

Acceptance

The act of receiving or recognizing something as valid or correct, often related to self or others.

Chain Migration

A social process by which immigrants from a particular town or region follow others from that area to a specific destination, creating a chain of migration from the same place.

Narcissistic

Pertaining to a personality trait or disorder characterized by an excessive preoccupation with oneself and a lack of empathy for others.

Attachments

Emotional bonds between individuals, such as those between parents and children, that play a crucial role in personal development.