Task: Class Definition Understanding (ontology: Business_Finance/Financial_Industry_Business_Ontology)

Which of the following definitions best describes 'preferred, voting, perpetual, cumulative, registered share'?

A. preferred share that confers zero votes per share, may be redeemed at the option of the issuer and/or of the shareholder with an extendable redemption date, provides the same dividends as common/ordinary shareholders, and is registered
B. preferred share that confers exactly one vote per share, has no fixed maturity date, provides a periodic stated income and dividends not paid in any year accumulate, and is registered
C. preferred share that confers exactly one vote per share, may be redeemed at the option of the issuer and/or of the shareholder, provides a periodic income whose dividend rate is adjusted through an auction, and is registered
D. preferred share that confers exactly one vote per share, may be exchanged for securities of another issuer, whose issuer and/or shareholders have the option to extend the maturity date, that provides a periodic stated income and participates with common shareholders in further dividend and capital distributions, and is registered

Answer: preferred share that confers exactly one vote per share, has no fixed maturity date, provides a periodic stated income and dividends not paid in any year accumulate, and is registered