Which of the Following Would Not Apply to a Preference

question 14

Multiple Choice

Which of the following would not apply to a preference shares?

• A) higher order of ranking in relation to asset distributions on the winding up of the company
• B) redeemable at a set date in the future
• C) can be classified as an expense
• D) can be converted to ordinary shares

---

Definitions:

Original Innovators

Original Innovators are individuals or organizations that first develop a new product, process, or technology, paving the way for future developments and innovations.

Exclusive Right

A legal provision granting someone the sole authority to sell, produce, or use a particular product or service.

Product Name

The title given to a merchandise or service to distinguish it from other offerings.

Trademark

A distinguishable symbol, pattern, or phrase that differentiates the goods or services of a specific origin from those of other sources.