The Cumulative Feature of Preferred Stock Means

question 66

Multiple Choice

The cumulative feature of preferred stock means

• A)an unpaid dividend in one year accumulates and must be paid in the future before any dividend can be paid on common stock.
• B)any unused votes accumulate to future periods where they can then be exercised.
• C)investors choose not to receive a dividend but rather let them accumulate.
• D)that the stock's issuer must accumulate funds in a sinking account.

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Definitions:

Self-Mutilation

The act of deliberately injuring one's own body without the intent of suicide, often as a way to cope with emotional pain or distress.

Neurotic Personality

A psychological trait characterized by mood swings, anxiety, irritability, and feelings of distress.

Self-Serving Biases

Attributional distortions that protect or enhance self-esteem or the self-concept.

Ultimate Attribution Error

The tendency to attribute negative behaviors of an outgroup member to their character while attributing positive behaviors to situational factors.