Owners of Preference Shares Are Not Guaranteed Any Dividend Payments

question 81

True/False

Owners of preference shares are not guaranteed any dividend payments and have the lowest-priority claim on the company's assets in the event of insolvency.

---

Definitions:

Mumbai Dabbawalas

A cost-effective and highly dependable service in Mumbai, India, for delivering and collecting lunchboxes.

Home-Cooked Lunches

Meals prepared at home, typically using fresh ingredients, rather than purchased from a restaurant or fast-food outlet.

Deliver

The process of transporting goods from a source location to a predetermined destination, fulfilling customer orders or supply needs.

Milk Runs

A logistics strategy where a single vehicle collects loads from several suppliers in a single journey, optimizing transport efficiency and reducing costs.