Which of the following is NOT considered a typical feature of preferred shares?
A) priority over common shareholder upon dividend distribution
B) ability to elect the board of directors through voting rights
C) potential to be converted into common shares
D) preference to receive company assets upon liquidation

Question

Quizplus · Accepted Answer

Preferred shares typically do not have voting rights, which means they do not have the ability to elect the board of directors.

Which of the Following Is NOT Considered a Typical Feature