A Preference Share with a Feature Allowing Preference Shareholders to Share

question 128

Multiple Choice

A preference share with a feature allowing preference shareholders to share with ordinary shareholders in any dividends in excess of the percent or dollar amount stated on the preference shares are called:

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

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Definitions:

Producer Surplus

The difference between the amount that producers are willing and able to sell a good for and the higher actual price they receive, representing their economic benefit.

Trade

Trade involves the exchange of goods or services between parties, which can be international (between countries) or domestic (within a country).

Termination

The involuntary dismissal of an employee.

Human Capital

The collective skills, knowledge, and expertise that employees bring to their workplace, contributing to its value and performance.