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Q. |
Unless otherwise stated, a preference share is always deemed to be : |
A. | Cumulative, participating and non-convertible |
B. | Non-cumulative, non-participating and non-convertible |
C. | Cumulative, non-participating and non-convertible |
D. | Non-cumulative, participating and non-convertible |
Answer» C. Cumulative, non-participating and non-convertible |
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