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$\frac{05}{06}\frac{?}{259}$:$56AM$

$12$ of $34$

This test: $100$ point$($o$)$ possible

This question: $1$ point$($s$)$ possible

Subn

Which statement is FALSE?

A$.$ Preferred stockholders receive dividends before the common stockholders.

B$.$ Preferred stockholders recelve assets before the common stockholders if the corporation liquidates.

C$.$ Preferred stockholders receive dividends before the common stockholders only if the preferred stock is cumulative.

D$.$ Preferred stockholders have the same basic four rights as common stockholders, unless a right is taken away.