Which of the Following Is a FALSE Statement About Preferred

question 79

Multiple Choice

Which of the following is a FALSE statement about preferred shares?

• A)Always have voting rights.
• B)Dividends must be paid in their entirety before common shareholders may receive any dividends.
• C)Have preference over common shares with respect to income and assets.
• D)Provide the owner with a claim to a fixed amount of equity.

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Definitions:

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A bacterium that can cause symptoms ranging from diarrhea to life-threatening inflammation of the colon, often related to antibiotic use.

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Soap containing chemical ingredients specifically intended to kill or inhibit the growth of bacteria.

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A liquid or gel, often alcohol-based, used to reduce infectious agents on the hands, providing a cleaning effect without the need for water.