One Type of Stock Enables the Shareholder to Get His

question 38

Multiple Choice

One type of stock enables the shareholder to get his or her usual dividend. Then, after the common shareholders receive their normal dividend, he or she is able to share in any additional income with the common shareholders. This type of stock is _____.

• A) cumulative preferred
• B) noncumulative preferred
• C) participating preferred
• D) cumulative to the extent earned

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Definitions:

Conditioned Response

A conditioned reaction developed in response to a previously irrelevant stimulus after its frequent association with a stimulus that elicits an automatic response.

Original CS

In classical conditioning, the conditioned stimulus (CS) that is consistently paired with an unconditioned stimulus (US) to produce a conditioned response (CR).

24 Hours

The period of time it takes for the Earth to complete one full rotation on its axis, typically defined as a day.

Discrimination

An aspect of learning in which the organism learns to respond differently to stimuli that have been associated with a US (or reinforcement), and stimuli that have not.