Which Class of Preference Shares Have the Right to Receive

question 36

Multiple Choice

Which class of preference shares have the right to receive further dividends above their fixed rate once ordinary shares have received a stated percentage?

• A) Participating preference shares
• B) Cumulative preference shares
• C) Bonus preference shares
• D) Redeemable preference shares

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Definitions:

Legalize

To make something permissible by law, often referring to actions, substances, or activities that were previously illegal.

Netherlands

A country in Northwestern Europe, known for its flat landscape, extensive canal systems, windmills, tulip fields, and cycling routes.

Consensual Unions

Relationships where couples live together and have a sexually intimate relationship without being legally married.

Informal Unions

Relationships where couples live together and consider themselves married without a formal legal ceremony.