Question $24(1$ point$)$ Lecture $7$

Sam owns $100\%$ of the shares of Samsonade Limited. His son has been operating the business on his own for the last $5$ years and has refused to do any more work if he isn$$t getting rewarded through share ownership. Sam has agreed to step down and transfer ownership to his son using a Section $85$ estate freeze. Sam has no other income so would like to receive some income from Samsonade for the next few years. His shares are worth $$1,000,000$ and he thinks he$$ll need $$30,000$ to live on$.$ What is NOT one of the characteristics that the preferred shares Sam takes back as consideration?