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

Which of the following definitions best describes 'preferred, enhanced voting, redeemable exchangeable, cumulative participating, registered share'?

A. preferred share that confers multiple votes per share, may be exchanged for securities of another issuer, may be redeemed at the option of the issuer and/or of the shareholder, provides a periodic stated income, dividends not paid in any year accumulate, and participates with common shareholders in further dividend and capital distributions, and is registered
B. preferred share that confers multiple votes per share, may be redeemed at the option of the issuer and/or of the shareholder with an extendable redemption date, provides a periodic stated income and participates with common shareholders in further dividend and capital distributions, and is registered
C. preferred share that confers multiple votes per share, may be exchanged for securities of another issuer, may be redeemed at the option of the issuer and/or of the shareholder, provides a periodic stated income and participates with common shareholders in further dividend and capital distributions, and is registered
D. preferred share that confers exactly one vote per share, whose issuer and/or shareholders have the option to extend the maturity date, that provides a periodic income whose dividend rate is adjusted through an auction, and is registered

Answer: preferred share that confers multiple votes per share, may be exchanged for securities of another issuer, may be redeemed at the option of the issuer and/or of the shareholder, provides a periodic stated income, dividends not paid in any year accumulate, and participates with common shareholders in further dividend and capital distributions, and is registered