Which one of the following is a characteristic of equity as opposed to debt?
A)Voting rights are typically attached.
B)There is a fixed maturity date.
C)There is a legal contract.
D)There is a fixed payment schedule.

Question

Quizplus · Accepted Answer

Voting rights are typically attached to equity, meaning shareholders have a say in company decisions, while debt does not give the holder any voting rights.

Which One of the Following Is a Characteristic of Equity