A characteristic of preferred stock that provides increasing dividends when common dividends increase is known as
A) participating.
B) callable.
C) convertible.
D) liquidating preference.
E) cumulative.
A
Business
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Which of the following statements is true of individual reality as a cultural layer?
A) It reflects reference group influences that promote the core ideas of a society. B) It reflects core cultural ideas regarding what is good and what is moral. C) It exerts pressure on all formal and informal regulative and socioeconomic systems. D) It helps shape psychological structures, such as needs and personality traits.
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