With Respect to Preferred Shares,select the Statement That Is Correct

question 20

Multiple Choice

With respect to preferred shares,select the statement that is correct.

• A)They must have a par value.
• B)They are never issued without voting privileges.
• C)They cannot exist unless there also are common shares.
• D)They always provide for a fixed payment to be made to the shareholders even for years when no dividends have been declared.

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