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If Preference Shares Are Cumulative,then the Company Does NOT Need

question 55

True/False

If preference shares are cumulative,then the company does NOT need to pay dividends that were passed in previous years.


Definitions:

Core Knowledge Theorist

A theorist who posits that humans are born with innate, domain-specific knowledge systems, such as for language and physics.

Violation-of-expectation

A research method used in developmental psychology to study infants' understanding of the world by observing their reactions to events that contradict their expectations.

Tertiary Circular Reactions

A cognitive developmental stage in infants described by Piaget, involving the purposeful adaptation of established schemes to new situations.

Euthanasia

The practice of intentionally ending a life to relieve pain and suffering, often involving ethical and legal considerations.

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