Which TWO of the following statements regarding preference shares are correct? (1)
A、company is compelled to pay dividends on preference shares every financial year (2) Preference shares do not normally entitle the shareholder to vote in company meetings (3) Preference shareholders usually have a right to have their capital returned in the event of a liquidation ahead of ordinary shareholders (4) In the event of a liquidation, preference shareholders have the right to share in any surplus assets ahead of the ordinary shareholders
A、1 and 2
B、2 and 3
C、2 and 4
D、3 and 4
A、company is compelled to pay dividends on preference shares every financial year (2) Preference shares do not normally entitle the shareholder to vote in company meetings (3) Preference shareholders usually have a right to have their capital returned in the event of a liquidation ahead of ordinary shareholders (4) In the event of a liquidation, preference shareholders have the right to share in any surplus assets ahead of the ordinary shareholders
A、1 and 2
B、2 and 3
C、2 and 4
D、3 and 4
【参考答案及解析】
Preference shareholders do not usually have the right to vote in company meetings but they do have the right to have their capital repaid ahead of ordinary shareholders in the event of a liquidation. On liquidation, preference shareholders usually have no right to share in any surplus assets. A company is not compelled to pay a dividend on preference shares.
Preference shareholders do not usually have the right to vote in company meetings but they do have the right to have their capital repaid ahead of ordinary shareholders in the event of a liquidation. On liquidation, preference shareholders usually have no right to share in any surplus assets. A company is not compelled to pay a dividend on preference shares.