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All main topics / Law / International Law / LAW
28
Carol and Dan are preferred stockholders in Eagle Corporation. Carol and Dan have the same rights as most preferred stockholders, which means, as regards Eagle, they

a. do not have the right to an annual dividend and may not have the right to vote.
b. do not have the right to an annual dividend but do have the right to vote.
c. have the right to an annual dividend and the right to vote.
d. have the right to an annual dividend but not the right to vote.
d. have the right to an annual dividend but not the right to vote.

Begründung:

"Preferred stock is stock with preferences. Usally this means that holders of it have priority over holders of common stock as to dividents and tp payment of disslolution of the corporation. They may or may not have the right to vote "
Tags: Preferred stocks
Source: p.112, 1. Absatz nach Überschrift
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Flashcard info:
Author: Elisa
Main topic: Law
Topic: International Law
School / Univ.: Hanze Hogeschool
City: Groningen
Published: 14.02.2010

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