In a joint stock company, preference shareholders are those who receive?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
- A High dividends when profits are high and little or nothing when profits are low
- B A fixed rate of individend 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
Explanation:
Share question on: