Some Preferred Stocks Are "Participating Preferreds," Allowing for an Increase

question 37

True/False

Some preferred stocks are "participating preferreds," allowing for an increase in the preferred stock dividend when additional profits are available after common stock dividends have been paid.

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Definitions:

Direct Selling

A retail channel where sales are made directly to the consumer by a representative of the company.

Commonly Owned

Refers to assets or properties held jointly by two or more parties.

Full-line Discount

A pricing strategy where a retailer offers discounts on the entire range of products.

GPS

Global Positioning System, a satellite-based navigation system that provides location and time information in all weather conditions, anywhere on or near the Earth.