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29
Adam and Betty are holders of preferred stock in Megacorp, Inc. Adam and Betty have priority over holders of Megacorp common stock as to payment
a. of dividends only.
b. on dissolution of Megacorp only.
c. of dividends and on dissolution of Megacorp.
d. none of the above.
a. of dividends only.
b. on dissolution of Megacorp only.
c. of dividends and on dissolution of Megacorp.
d. none of the above.
c. of dividends and on dissolution of Megacorp.
Begründung:
Preferred stock is stock with prferences. Usally this means that holders of it have priority over holders of common stock as to dividents and tp payment of disslolution of the corporation.
Begründung:
Preferred stock is stock with prferences. Usally this means that holders of it have priority over holders of common stock as to dividents and tp payment of disslolution of the corporation.
Tags: Preferred Stock
Source: p.112, 1. Absatz nach Überschrift
Source: p.112, 1. Absatz nach Überschrift
Flashcard info:
Author: Elisa
Main topic: Law
Topic: International Law
School / Univ.: Hanze Hogeschool
City: Groningen
Published: 14.02.2010