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:

Maslow's Hierarchy

A theory in psychology proposed by Abraham Maslow, suggesting that people are motivated by five basic categories of needs: physiological, safety, love/belonging, esteem, and self-actualization.

Self-Actualization Needs

The highest level in Maslow's hierarchy of needs, representing the pursuit of realizing one's potential and seeking personal growth and peak experiences.

Physiological Needs

Basic physical requirements for human survival, such as food, water, and shelter, which are essential for maintaining life.

Motivation

The driving force behind individuals' actions, desires, and needs to achieve goals.