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The main difference between the ordinary and preference shareholders is that?

Accounts - Principles of Accounts
JAMB 2001

The main difference between the ordinary and preference shareholders is that?
  • A. the former receive dividends while the latter do not
  • B. the latter are not members of the company while the former are
  • C. in the case of winding up, the former are paid first before the latter
  • D. the former have voting rights while the latter do not
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Correct Answer: Option D
Explanation
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