Which of the following statements concerning preferred shares is FALSE?
A) Owners of preferred shares never have voting rights.
B) Preferred shareholders receive dividends before the holders of common shares.
C) In dissolution preferred shareholders have first claim of assets, after debt holders.
D) Any corporation can offer preferred shares.

Question

Quizplus · Accepted Answer

This statement is false as some preferred shares do come with voting rights, although they are typically limited.

Which of the Following Statements Concerning Preferred Shares Is FALSE