alleryStart learning →Besides dividend, preference capital carries a preferential right on what?
ARepayment on winding up
BIssuing bonus shares
CAppointing directors
DInspecting accounts
Answer & Solution
Correct answer: A. Repayment on winding up
Preference capital has a priority right to dividend and also to repayment of the paid-up amount on winding up or repayment of capital.
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