Qiara is a holder of preferred stock in Rio Grande Irrigation & Development, Inc Qiara has priority over holders of Rio common stock as to
a. nothing.
b. payments of dividends.
c. the date on which Rio must repurchase the shares.
d. upward changes in the market price of the shares.
B
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Which of the following is true of general and limited partners in a limited partnership?
A) Limited partners are exempt from annual capital investment and need only participate in management functions. B) General partners are not personally liable for partnership debts. C) General partners are required to invest capital and refrain from managerial activities. D) Limited partners are not personally liable for partnership debts beyond their capital contributions.
________ occurs when an employee has a non-forfeitable right to receive pension benefits
A) Vesting B) Easement C) Anti-lapse D) Reconciliation