Which Class of Preference Shares Have the Right to Receive

question 61

Multiple Choice

Which class of preference shares have the right to receive further dividends above their fixed rate once ordinary shares have received a stated percentage?

• A) Bonus preference shares
• B) Redeemable preference shares
• C) Participating preference shares
• D) Cumulative preference shares

---

Definitions:

Discrete Pulses

Short bursts of energy or signals that are separated by time in a distinct, non-continuous manner.

Protocol

A set of rules or procedures for transmitting data between electronic devices, such as computers.

Bandwidth

The capacity for transmitting data over an internet connection, measured in bits per second.

Network Neutrality

The principle that all internet traffic should be treated equally by internet service providers, without discrimination or charges differing by user, content, site, platform, or application.