Which of the following provisions is unique to preferred stockholders and usually NOT available to common stockholders?
A) Cumulative dividends feature
B) Voting rights
C) Fixed dividend
D) Both A and C
Answer: D
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The allocation of net loss must be the same as the allocation of net profits
Indicate whether the statement is true or false
Once a union has been certified, the parties to the contract have the right to bar an outside party from holding an election for more than three years.
Answer the following statement true (T) or false (F)
Stand-up meetings usually take place once a month
Indicate whether the statement is true or false
Kyle was eating clam chowder soup in a restaurant when a very small piece of bone lodged in his throat. Fortunately, he was able to remove the bone with his fingers. However, he was upset by the incident and sued the restaurant for negligence. What is the most likely result in this case?
a. Kyle will not collect any damages since he did not sustain any damages. b. Kyle will collect damages because the restaurant committed negligence per se. c. Kyle will collect damages if he proves it was possible to prevent tiny fish bones from being present in clam chowder. d. Kyle will collect damages, as res ipsa loquitur applies.