Which of the following is not a feature of ordinary shares?
A)Lowest priority in the event the company is liquidated
B)A finite life
C)The payment of dividends which are set annually
D)The right to vote at annual general meetings

Question

Quizplus · Accepted Answer

Ordinary shares do not have a finite life. They can exist as long as the company is in operation. The other options are all features of ordinary shares: lowest priority in the event of liquidation, payment of dividends set annually, and the right to vote at annual general meetings.

Which of the Following Is Not a Feature of Ordinary