Which one of the following is not an ownership right of a common shareholder?
A)To vote in the election of officers
B)To declare dividends on the common shares
C)To share in assets upon liquidation
D)To share in corporate profits

Question

Quizplus · Accepted Answer

Although common shareholders have the right to receive dividends on their shares, they do not have the right to declare dividends. It is the responsibility of the board of directors to declare dividends on common shares.

Which One of the Following Is Not an Ownership Right