Question: Select the FALSE statement concerning a PREFERRED SHAREHOLDER. A. may get back years arrearages paid before common gets dividends if the preferred shareholders have a

Select the FALSE statement concerning a PREFERRED SHAREHOLDER.


A. may get back years arrearages paid before common gets dividends if the preferred shareholders have a "cumulative" feature 


B. gets paid before common shareholders if there is a small allocation of funds for dividends 


C. has the right to vote on election of the board of directors 


D. gets capital returned upon liquidation of the corporation before common shareholders are paid

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