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:

Emerging Stage

An initial phase of development or growth, characterized by new challenges and opportunities, typically for businesses or technologies.

Large-Scale Event

An event, often involving extensive planning and coordination, that attracts a large number of participants or attendees.

Disrupts Routines

Refers to events, technologies, or actions that significantly alter or interrupt established processes or habits.

Social Goals

Objectives that aim to improve society and the welfare of its citizens, focusing on issues such as equality, education, and environmental sustainability.