Q1. True or False : Indicate whether true and false and ONLY correct false statements

A) In the case of liquidation, common stockholders are paid first, followed by preferred stockholders, followed by bondholders.

B) Preferred stock has characteristics of debt since it provides a fixed periodic cash payment.

C) A call feature is a feature that allows preferred stockholders to change each share into a stated number of shares of common stock.

D) The number of outstanding shares of common stock is always greater than or equal to the number of authorized shares of common stock.

F) Super-voting shares of common stock provide shareholders with ten times the voting power of ordinary shares of common stock.