Which of the Following Are the Typical Rights Afforded the Preferred

question 94

Multiple Choice

Which of the following are the typical rights afforded the preferred shareholders?

• A)A preference to receive dividends when declared by the board of directors before common shareholders can receive their dividends.
• B)A preference to receive the liquidation value of the assets as stated in the share contract before common shareholders can receive their share.
• C)The right to vote on major corporate issues including electing the board of directors.
• D)Two of the responses are preferred shareholder rights.

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