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

Which of the following definitions best describes 'preferred, enhanced voting, exchangeable, auction rate income, registered share'?

A. preferred share that confers zero votes per share, whose issuer and/or shareholders have the option to extend the maturity date, that provides the same dividends as common/ordinary shareholders, and is registered
B. preferred share that confers multiple votes per share, may be exchanged for securities of another issuer, provides a periodic income whose dividend rate is adjusted through an auction, and is registered
C. common share that confers multiple votes per share, is restricted from a sales / transfer perspective, is nil paid and is registered
D. preferred share that confers zero votes per share, whose issuer and/or shareholders have the option to extend the maturity date, that 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

Answer: preferred share that confers multiple votes per share, may be exchanged for securities of another issuer, provides a periodic income whose dividend rate is adjusted through an auction, and is registered