The Type of Corporate Ownership That Has First Claim on Profits

question 165

Multiple Choice

The type of corporate ownership that has first claim on profits and assets is called a

• A) bondholder.
• B) preferred stockholder.
• C) creditor.
• D) ordinary shareholder.
• E) board of directors.

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Definitions:

Trichinosis

Infection caused by the roundworm Trichinella spiralis.

Nematocysts

Specialized cells in the tentacles of cnidarians such as jellyfish, used for capturing prey and defense through the release of toxins.

Cnidarian

Invertebrates existing as either a polyp or medusa, with two tissue layers and radial symmetry.

Muscle and Nerve Fibers

Specialized cells within the body, muscle fibers responsible for contraction and motion, and nerve fibers responsible for transmitting electrical impulses.