Special rights often granted to preferred stock include a preference for receiving dividends and for the distribution of assets if the corporation is liquidated. Select one: True False

Indicate whether the statement is true or false.


Answer: True.

Economics

You might also like to view...

The typical American family spends about ____ percent of its budget on goods, and the remainder on services

a. 22 b. 34 c. 68 d. 74

Economics

PlayStations and PlayStation games are complementary goods. A technological advance in the production of PlayStations will

a. increase consumer surplus in the market for PlayStations and decrease producer surplus in the market for PlayStation games. b. increase consumer surplus in the market for PlayStations and increase producer surplus in the market for PlayStation games. c. decrease consumer surplus in the market for PlayStations and increase producer surplus in the market for PlayStation games. d. decrease consumer surplus in the market for PlayStations and decrease producer surplus in the market for PlayStation games.

Economics

When a customer's need for a product is not urgent, demand tends to be

a. elastic c. inelastic b. complementary d. unit elastic

Economics

A good that is consumed by a single person or household is:

A. rival. B. nonrival. C. excludable. D. nonexcludable.

Economics