Multiple Choice
Which of the following is a distinguishing characteristic attributable to preferred shares?
A) They give the right to a priority interest in a liquidated corporation's assets.
B) They must state "nonvoting" on the share certificate itself.
C) They give the right to be given notice of shareholders' meetings.
D) They must be issued as nonvoting shares with dividend rights.
Correct Answer:

Verified
Correct Answer:
Verified
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