Cultural change is likely to take place when a dramatic crisis occurs

Which of the following is not a characteristic of preferred stock?

A) Common stock dividends must be paid before preferred dividends. B) Preferred stock dividends may be delayed. C) Preferred dividends are assumed to be infinite in duration. D) Preferred dividends are typically given less legal priority than bond interest payments. E) Preferred stock does not mature like a bond.

Distributive bargaining attempts to create a win-win solution for both the parties

Indicate whether the statement is true or false