A Preference Share Which Confers No Right to Prior Periods

question 29

Multiple Choice

A preference share which confers no right to prior periods' unpaid dividends if they were not declared is called:

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

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Definitions:

Effective Punishment

A consequence that successfully reduces the likelihood of a behavior being repeated, contingent on the behavior and appropriately administered.

Punishment

A consequence that diminishes the frequency of the behavior it follows, often used in the context of behavior modification.

Aggression

Behavior intended to harm or intimidate others, which can be physical, verbal, or non-verbal.

Suppresses

The act of consciously or unconsciously holding back, restraining, or reducing a response, emotion, or biological process.