Business Studies

Which of the following rights may be given to preference shareholder if provided by Articles?


ANSWER

All of the above.


SOLUTION
If provided by the Articles of Association, the following rights may be given to the shareholders of preferential shares are:
To participate in the surplus profits remaining after payment of equity dividend
To receive arrears of dividend at the time of liquidation
To receive premium on redemption of preference shares.
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Single Correct Medium Published on 18th 08, 2020
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