Preferred Stock ________

question 6

Multiple Choice

Preferred stock ________.

• A)reflects residual ownership of a company
• B)represents a preferential claim on dividends
• C)will be "paid" before the bondholders
• D)always has a legal and specific claim to a fixed amount (listed as a liability)

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Definitions:

Employment Terms

The conditions and details of employment agreed upon by an employer and employee, including duties, compensation, and duration.

Disparate Treatment

Unequal behavior toward someone because of a protected characteristic under the law, leading to discrimination.

Prima Facie Case

A case in which the evidence before trial is sufficient to prove the case unless there is significant contradictory evidence presented.

Nondiscriminatory Reason

A justification for a particular decision or action that is not based on prejudice or bias related to race, color, religion, sex, or national origin.