If a Company Has Issued Preferred Stock

question 82

Multiple Choice

If a company has issued preferred stock

• A) the common shareholders will have weaker voting rights.
• B) preferred shareholders will be allowed to choose one or more members of the board of directors.
• C) dividends on preferred stock will be higher than the common dividends.
• D) preferred dividends will have to be paid before the company can pay dividends on common stock.

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Definitions:

Exported Brand

A brand that is marketed and sold outside of the country where it is produced.

Brand Conscious

A consumer behavior characterized by a preference for, and awareness of, branded products over generic or unbranded alternatives.

United States

A country in North America consisting of 50 states, known for its large economy and diverse population.

Foreign Brands

Brands that originate in a country other than the one where they are sold, often perceived as more luxurious or of higher quality than local brands.