Question 6

Which of the following is true about cumulative preference shares?

  • A.Unpaid dividends are carried forward
  • B.Shareholders can secure capital refund on demand
  • C.Shareholders are entitled to further share of profit
  • D.Dividends are paid into a special account
Objective

Question details

Exam body
WAEC
Subject
Commerce
Year
2000
Question no.
#6
Type
Objective

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