Examlex
Which of the following is least likely to be a source of individual ethics?
Preferred Dividends
Dividends that are paid out to preferred shareholders at a fixed rate before any dividends are paid to common shareholders.
Common Dividends
Payments made to shareholders out of a corporation's earnings, reflecting the portion allocated to holders of common shares.
Liquidation
The process of converting assets into cash, often during the winding down of a business or the selling off of stock.
Preferred Stock
Preferred stock is a class of ownership in a corporation that has a higher claim on its assets and earnings than common stock. Preferred shareholders typically receive dividends before common shareholders.
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