Post Utme Noun 2017 Commerce Question 32

Practice objective / multiple choice question 32 from the 2017 Post Utme Noun Commerce examination.

Post Utme Noun 2017 Commerce Objective / Multiple Choice
Question 32 POST_UTME_NOUN • 2017 • COMMERCE • objective

A company's articles of association may provide for the issue of preference shares. What is the main advantage of preference shares?

Answer Options

A. They have a higher claim on assets in the event of liquidation
Correct Answer B. They have a higher claim on dividends
C. They have a higher claim on assets in the event of winding up
D. They have a higher claim on assets in the event of bankruptcy
Correct Answer
B
Correct Option:
They have a higher claim on dividends

About This Question

This is Post Utme Noun 2017 Commerce Question 32. It is one of the objective questions from the 2017 Post Utme Noun Commerce examination.

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