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- Which of the following can not be used for redemption of preference shares? A. Insurance Fund B. Workmen's Compensation Fund C. General Reserve D. Profit Prior to IncorporationWhy might an investor-owned firm choose to issue different classes of common stock?Preference shares Select one: a. have a fixed rate of divided. b. have a share on company reserves. c. are a liability to the company. d. have voting rights.
