Characteristics of Preference Shares Include

question 25

Multiple Choice

Characteristics of preference shares include:

• A) cumulative shareholders retaining priority over profits until all outstanding dividends have been paid.
• B) participating shareholders having priority for dividends and have potential access to additional dividends after ordinary shareholders have been paid.
• C) redeemable shareholders having their shares bought back or redeemed at their face value at the discretion of the company at a certain date.
• D) all the above.

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Definitions:

Evidence-Based Medicine

A medical practice approach that emphasizes the use of current best evidence in making decisions about the care of individual patients.

Medical Paternalism

The practice in healthcare where medical professionals make decisions for patients on the basis of what they believe is in the patient's best interest, sometimes overriding the patients' own wishes.

Mechanistic Model

An approach or explanation that views systems (including biological or social) as akin to machines, with parts that interact in predictable ways.

Natural Bodily Processes

The automatic, innate functions and activities carried out by an organism's body to maintain life and health.