Solved

Which of the Following Is True About Preference Shares

Question 22

Multiple Choice

Which of the following is true about preference shares?


A) Preference shares always have voting rights.
B) If the company does not have the funds to pay the preference dividend, the right of the preference shareholders to collect that dividend lapses.
C) Preference share dividends are not tax-deductible to the corporation.
D) Preference shares always have a maturity date, at which time the issue price must be repaid to shareholders.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents