Economics WAEC

In a joint-stock company, preference shareholders are those who receive?

A. high dividends when profits are high and little or nothing when profits are low
B. a fixed rate of dividend and have the first claim on the net profits of the company
C. the remaining profits after all other shareholders have been paid
D. dividends quarterly when others receive annually

Correct Answer:

Option B – a fixed rate of dividend and have the first claim on the net profits of the company

AddThis Website Tools
Sunday

Share
Published by
Sunday
Tags: economics

Recent Posts

List of Universities Offering Veterinary Medicine in Nigeria

Veterinary medicine is the branch of medicine that deals with the prevention, diagnosis, and treatment…

5 months ago

List of Universities Offering Anthropology in Nigeria

Anthropology is the scientific study of human beings and their cultures. It encompasses a wide…

5 months ago

List of Universities Offering Sociology in Nigeria

Sociology is the scientific study of human society, culture, and behavior. It examines the social…

5 months ago

List of Universities Offering Social Work in Nigeria

Social Work is a profession dedicated to helping individuals, families, and communities to cope with…

5 months ago

List of Universities Offering Religious Studies in Nigeria

Religious studies is an academic discipline that explores the beliefs, practices, and history of various…

5 months ago

List of Universities Offering Public Administration in Nigeria

Public administration is the field of study and practice that focuses on the organization and…

5 months ago