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When Preference Shares Are Cumulative and the Directors Either Do

question 81

Essay

When preference shares are cumulative and the directors either do not declare a dividend to preference shareholders or declare one that does not cover the total amount of cumulative dividends, the unpaid amount is called .


Definitions:

Parental Strand

The original strand of DNA that serves as a template for the production of its counterpart in DNA replication, ensuring genetic information is accurately passed on.

Adenine

One of the four nucleotide bases found in DNA and RNA, which pairs with thymine in DNA or uracil in RNA.

DNA Replication

Synthesis of a new DNA double helix prior to mitosis and meiosis in eukaryotic cells and during prokaryotic fission in prokaryotic cells.

New Strand

In DNA replication, refers to the newly formed daughter strand of DNA that is synthesized by the enzyme DNA polymerase.

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