A Preference Share That the Issuing Corporation at Its Option

question 133

Multiple Choice

A preference share that the issuing corporation at its option may retire by paying a specified amount to the preference shareholders is called:

• A) Convertible preference share.
• B) Callable preference share.
• C) Premium share.
• D) Cumulative preference share.
• E) Participating preference share.

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Definitions:

Rapidly

At a fast speed or in a short period of time.

Crack

A potent form of cocaine that is smoked to produce a rapid, intense high, often associated with severe addiction and negative health consequences.

Inhibitions

Psychological mechanisms that constrain or restrict behaviors, thoughts, or emotions deemed inappropriate or socially unacceptable.

Sexual

Relating to the biological differences between males and females, and aspects concerning physical or emotional attraction, activities, and relationships.