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    Fundamental Accounting Principles Study Set 8
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    Exam 12: Organization and Operation of Corporations
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    Owners of Preferred Shares Often Do Not Have
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Owners of Preferred Shares Often Do Not Have

Question 23

Question 23

Multiple Choice

Owners of preferred shares often do not have:


A) Ownership rights to assets of the corporation.
B) Rights in liquidation.
C) The right to sell their shares.
D) Voting rights.
E) Preference to dividends.

Correct Answer:

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