A shareholder who can vote conditionally is a/an __________.

equity shareholder

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preference shareholder

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member

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none of the above

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Solution

The correct option is C preference shareholder
The preference shareholders enjoy a preferential position over equity shareholders in two ways, receiving the fixed rate of dividend, receiving their capital after claims of the company's creditors is settled. Preference shareholders generally do not enjoy any voting rights but can vote conditionally.

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