The owners of common stock do NOT have the specific right to ________.
A)vote for members of the board of directors
B)share in the corporation's earnings
C)share in any assets left when a company declares bankruptcy
D)receive dividends before preferred shareholders

Question

Quizplus · Accepted Answer

Owners of common stock have the right to vote for members of the board of directors, share in the corporation's earnings, and share in any assets left when a company declares bankruptcy. However, they do not have the right to receive dividends before preferred shareholders; preferred shareholders have priority over common shareholders in the distribution of dividends.

The Owners of Common Stock Do NOT Have the Specific