NAIMMCQ Economics In the event a company liquidates, the provision providing that preferred shareholders are paid before common shareholders is known as which of the following?

In the event a company liquidates, the provision providing that preferred shareholders are paid before common shareholders is known as which of the following?

Economics

In the event a company liquidates, the provision providing that preferred shareholders are paid before common shareholders is known as which of the following?

A) conversion rights
B) liquidation preference
C) antidilution provisions
D) redemption rights

Answer: B

NAIMMCQ

In the event a company liquidates, the provision providing that preferred shareholders are paid before common shareholders is known as which of the following?

In the event a company liquidates, the provision providing that preferred shareholders are paid before common shareholders is known as which of the following?

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