Preferred stock would least likely have which characteristic is letter C. Which is "<span>Preference as to assets upon liquidation of the corporation."
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Explanation:
The Spring Festival falls on the 1st day of the 1st lunar month, often one month later than the Gregorian calendar. It originated in the Shang Dynasty c. 1600 BC-c. 1100 BC) from the people's sacrifice to gods and ancestors at the end of an old year and the beginning of a new one.
In 1912, the government decided to take away Chinese New Year and the lunar calendar, but took in the Gregorian calendar instead and made January 1 the official start of the new year. After 1949, Chinese New Year was renamed to the Spring Festival.