Preferred Stock Is Called Preferred Because It Usually Has Two

question 91

Multiple Choice

Preferred stock is called preferred because it usually has two preferences over common stock.These preferences relate to:

• A)Dividends and voting rights.
• B)Par value and dividends.
• C)The preemptive right and voting rights.
• D)Dividends and distribution of assets if the corporation is dissolved.

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Definitions:

Innovation

The process of creating new ideas, products, or methods that bring about significant improvements or advancements.

Commitment

The dedication or pledge to carry out a task or adhere to a plan or agreement.

Positive Project Story

An optimistic narrative about a project, focusing on successes and positive outcomes.

Positive Outcome

A beneficial result or effect of an action, decision, or process, often meeting or exceeding the initial goals or expectations.