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Which of the following is not a right or preference associated with
preferred stock?
Preference to corporate assets in case of liquidation
The right to vote
To receive dividends in arrears before common stockholders
receive dividends
First claim to dividends
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Multiple Choice Question 197
Restricting retained earnings for the cost of treasury stock
purchased is a
legal restriction.
stock restriction.
voluntary restriction.
contractual restriction.
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Multiple Choice Question 115
A company would not acquire treasury stock
in order to reissue shares to officers.
as an asset investment.
in order to increase trading of the company’s stock.
to have additional shares available to use in acquisitions of other
companies.
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