Question: If a preferred (preference share) issue is cumulative, this means: Select one: a. unpaid dividends will be paid in the future before shareholders are paid.

If a preferred (preference share) issue is cumulative, this means: Select one:

a. unpaid dividends will be paid in the future before shareholders are paid.

b. dividends are paid at the end of the year.

c. preferred share holders are paid after the ordinary shareholders

d. dividends are legally binding on the corporation.

e. unpaid dividends are never repaid.

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