Which of the Following Is Not a True Statement

question 75

Multiple Choice

Which of the following is not a true statement?

• A)A corporation generally obtains equity capital from stockholders.
• B)A corporation can issue both preferred stock and common stock.
• C)When a corporation is experiencing financial problems, an investor should purchase common rather than preferred stock.
• D)Most corporations sell common stock to satisfy a large part of their financing needs.
• E)The most important priority a preferred stockholder enjoys is receiving cash dividends before common stockholders receive cash dividends.

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Definitions:

Ethnocentrism

The belief in the inherent superiority of one's own ethnic group or culture, often accompanied by a generalized prejudice towards other cultures.

Australia

A country and continent surrounded by the Indian and Pacific oceans, known for its Sydney Opera House, Great Barrier Reef, and unique wildlife.

Greece

A southeastern European country known for its ancient civilization, influential in arts, sciences, and democracy, with a rich history and cultural heritage.

Heterosexism

A belief system or ideology that considers heterosexual orientation as the norm, often resulting in discrimination against non-heterosexual orientations.