A coupon is a price reduction offer to a consumer

What is the significance of the term "preferred" in reference to preferred stock?

A) Preferred stockholders receive preference over creditors of the corporation in the event of liquidation. B) Preferred stockholders receive certain preferences over common stockholders with respect to dividends or with respect to assets in the event of liquidation. C) It is viewed to generally be a better investment than common stock. D) Only shareholders owning a certain minimum amount of common stock are entitled to purchase preferred stock. E) Preferred stockholders usually have better voting rights than common stockholders.

Teamwork implies that all members of a team are contributing to an overall objective though they should not go so far as to subordinate personal prominence

Indicate whether the statement is true or false