If Preference Share Is Convertible, It Is So at the Option

question 89

Multiple Choice

If preference share is convertible, it is so at the option of the:

• A) Board of directors.
• B) CEO.
• C) CFO.
• D) Shareholders.

---

Definitions:

Global Economy

An interconnected marketplace where goods, services, and labor are exchanged on a worldwide scale.

Competitive Advantage

The unique attributes or circumstances that allow an organization or individual to outperform its competitors.

Competitive Advantage

The unique attributes or circumstances that allow an organization to outperform its competitors, resulting in greater sales, margins, and retention of customers.

Cost Efficiency

The optimization of resources to achieve the maximum output or effect for the minimum cost or expenditure.