With respect to preferred shares, select the statement that is correct.
A) They always provide for a fixed payment to be made to the shareholders even for years when no dividends have been declared.
B) They cannot exist unless there also are common shares.
C) They must have a par value.
D) They are never issued without voting privileges.

Question

Quizplus · Accepted Answer

Preferred shares typically exist alongside common shares, as they are a class of stock that provides different rights and privileges compared to common shares.

With Respect to Preferred Shares, Select the Statement That Is