Question: Preferred stock is called preferred because it usually has two preferences over common stock. These preferences relate to: Multiple Choice Distribution of assets if the
Preferred stock is called preferred because it usually has two preferences over common stock. These preferences relate to:
Multiple Choice
Distribution of assets if the corporation is dissolved and payment of dividends.
Payment of dividends and voting rights.
Distribution of assets if the corporation is dissolved and higher par value.
Higher par value and payment of dividends.
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