Basic Financial Accounting Short Questions: A characteristic of ordinary shares is that:
Select one alternative:
A The ordinary shareholders are the last to be paid if the company goes bankrupt
B The dividend rate is usually fixed
C They do not carry voting rights
D They have a right to receive a dividend before any preference dividend

Question

A characteristic of ordinary shares is that: 
Select one alternative:
A The ordinary shareholders are the last to be paid if the company goes bankrupt
B The dividend rate is usually fixed
C They do not carry voting rights
D They have a right to receive a dividend before any preference dividend

Gonza R · Accepted Answer

A The ordinary shareholders are the last to be paid if the company goes bankrupt

Basic Financial Accounting Short Questions

A characteristic of ordinary shares is that: Select one alternative: A The ordinary shareholders are the last to be paid if the company goes bankrupt B The dividend rate is usually fixed C They do not carry voting rights D They have a right to receive a dividend before any preference dividend

A The ordinary shareholders are the last to be paid if the company goes bankrupt

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