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Preference Share Capital or Quasi-Equity
It is also called quasi-equity because it combines features of equity and those of debt. It is preference because it is preferred to ordinary share capital that is:
i) It is paid asset proceeds first - preferred to assets.
ii) It is paid dividends first - preferred to dividend
Dissimilar ordinary share capital, such has a fixed return. It carries no voting rights. It is an unsafe finance and it increases the company's gearing ratio.
Tertiary Butylhydroquinone (TBHQ) TBHQ is moderately soluble in oil and slightly soluble in water. In many cases, TBHQ is more effective than any other antioxidant in providing
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