Which of the Following Is Not a Common Characteristic of Preferred

question 47

Multiple Choice

Which of the following is not a common characteristic of preferred stock?

• A) voting rights
• B) preference as to dividends
• C) preference in liquidation
• D) callability by the corporation
• E) none of the answers are correct

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Definitions:

Consumer

A consumer is an individual or group who purchases goods and services for personal use from the market, contributing to demand.

Budget Constraints

The limitations on the consumption bundles that a consumer can afford with a limited income.

Indifference Curves

Graphical representations used in economics to show combinations of two goods that give a consumer equal satisfaction and utility, illustrating their preferences.

Sweater

A knitted garment typically made of wool, cotton, or synthetic fibers, designed to cover the upper part of the body, with long sleeves, worn for warmth or fashion.