Preference shares of stock may be issued with par or no-par valueGroup of answer choicesTrueFalse

The arbitrary value assigned to a share of stock is calledGroup of answer choicespar valueliquidation valuebook valuemarket value

17.Preference shares typically offer:  A. Voting rights to shareholders  B. Fixed dividend payments  C. Convertibility into equity shares  D. No claim on company profits

No-par value shares have a minimum stated value of P5.00 per share.Group of answer choicesTrueFalse

A common share is one with a stated par value that entitles the holder thereof to certain preferences over the holders of other stocks.Group of answer choicesTrueFalse

Which of following is not a feature of shares?Answer choicesSelect only one optionREVISITVoting RightsOwnershipRedeemableVaried returns