Question: Preferred stock is called preferred because it usually has two preferences over common stock. These preferences relate to: Multiple Choice Payment of dividends and voting

Preferred stock is called preferred because it usually has two preferences over common stock. These preferences relate to: 

Multiple Choice 

Payment of dividends and voting rights. 

The higher par value and payment of dividends. 

Distribution of assets if the corporation is dissolved and higher par value. 

Distribution of assets if the corporation is dissolved and payment of dividends.

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