Indicate Whether Each of the Following Statements About Stockholders' Equity

Indicate whether each of the following statements about stockholders' equity is true or false.
1. Preferred stockholders generally have a preference to assets when the company is liquidated
2. The amount of dividends paid on preferred stock usually is limited to a specified amount
3. Preferred stockholders generally have a preference as to dividends
4. Preferred stockholders generally have a preference as to voting on corporate policies
5. Preferred stockholders generally have a preference as to selecting directors of the board