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1. Which of the following characteristics DO NOT apply to preference shares? Select all correct answers only. Select one or more: a. Receives a dividend

1. Which of the following characteristics DO NOT apply to preference shares? Select all correct answers only.

Select one or more:

a. Receives a dividend before all other shareholders.

b. Has the highest risk of residual claim among shareholders.

c. Do not have limited liability

d. Voting rights at the Annual General Meeting.

e. Has the lowest risk of residual claim among shareholders.

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