A Preference Share Is a Financial Liability

question 11

True/False

A preference share is a financial liability:
A. If it provides for mandatory redemption by the issuer for a fixed or determinable amount at a fixed or determinable future date.
B. If it gives the holder the right to require the issuer to redeem the instrument at or after a particular date for a fixed or determinable amount.
C. If it gives the issuer the sole discretion to redeem the instrument at a date of their choice for a fixed or determinable amount.
D. it provides for mandatory redemption by the issuer for a fixed or determinable amount at a fixed or determinable future date and if it gives the holder the right to require the issuer to redeem the instrument at or after a particular date for a fixed or determinable amount.
E. If it provides for mandatory redemption by the issuer for a fixed or determinable amount at a fixed or determinable future date and If it gives the issuer the sole discretion to redeem the instrument at a date of their choice for a fixed or determinable amount.

---

Definitions:

Arterial System

The arterial system is the part of the circulatory system that carries oxygen-rich blood from the heart to all parts of the body.

Leukemia

A type of cancer that affects the blood and bone marrow, characterized by an overproduction of abnormal white blood cells.

Certain Malignancies

Specific types of cancer that have been identified or diagnosed, implying a particular focus or context.

Thrombocytopenia/Anemia

A condition characterized by a lower than normal count of platelets, making blood clotting difficult, often occurring alongside anemia, which is a decrease in the number of red blood cells.