Question: Identify whether the following statements are true or false. Statement a. Common (ordinary) shares have priority over preferred shares. b. A share with cumulative dividends

Identify whether the following statements are true or false.

Statement a. Common (ordinary) shares have priority over preferred shares. b. A

Statement a. Common (ordinary) shares have priority over preferred shares. b. A share with cumulative dividends must be a preferred share. c. Investors favour purchasing preferred shares. d. Common shares always have voting rights. T/F

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A Common ordinary shares have priority over preferred shares False Common shares do not have priori... View full answer

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