Which of the Following Is Not a Right or Preference

question 79

Multiple Choice

Which of the following is not a right or preference associated with preferred stock?

• A)The right to vote
• B)First claim to dividends
• C)Preference to corporate assets in case of liquidation
• D)To receive dividends in arrears before common stockholders receive dividends

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Definitions:

Carbon Dioxide

A clear, unscented gas resulting from the burning of carbon-containing compounds and the act of respiration, which plants use in the process of photosynthesis.

Water

A ubiquitous chemical substance with the formula H2O, vital for all known forms of life and used in a myriad of industrial processes.

Polarity

The property of having distinct and opposite directions or poles, used in various scientific contexts, such as molecular polarity, cell polarity, and electrical polarity.

Hydrogen Bonding

A type of weak chemical bond that is formed between the hydrogen atom in one molecule and an electronegative atom in another molecule.