Which of the Following Statements Is FALSE

question 58

Multiple Choice

Which of the following statements is FALSE?

• A) The preferred stock issued by young companies typically does not pay regular cash dividends.
• B) The preferred stock issued by young companies usually gives the owner an option to convert it to common stock on some future date, so it is often called callable preferred stock.
• C) If a company runs into financial difficulties, the preferred stockholders have a senior claim on the assets of the firm relative to any common stockholders.
• D) Preferred stock issued by mature companies such as banks usually has a preferential dividend and seniority in any liquidation and sometimes special voting rights.

---

Definitions:

Carlos Montezuma

An influential Yavapai doctor and activist in the early 20th century, advocating for the rights and sovereignty of Native American people.

Historical Significance

The importance or impact of an event, person, or invention in history and how it influences the present or shapes the future.

Woodrow Wilson

The 28th President of the United States, serving from 1913 to 1921, known for his role in World War I and advocating for the League of Nations.

Public Opinion

The aggregate of individual attitudes or beliefs held by the adult population concerning particular issues or topics of interest.