Q158
Preference shares are those which carry preferential right in respect of _________.
A.
dividends
B.
repayment of capital
C.
both dividend and repayment of capital
AnswerD.
right to vote on all important motions in AGM
Answer: Option C
Solution
Answer: Option C
Solution:
Preference shares are those which carry preferential right in respect of both dividend and repayment of capital. Preference shares, more commonly referred to as preferred stock, are shares of a company's stock with dividends that are paid out to shareholders before common stock dividends are issued.