Which of the following is not a right possessed by common stockholders of a corporation?
A) the right to vote in the election of the board of directors
B) the right to receive a minimum amount of dividends
C) the right to sell their stock to anyone they choose
D) the right to share in assets upon liquidation

Question

Quizplus · Accepted Answer

Common stockholders do not have the right to receive a minimum amount of dividends. While they are entitled to a share of any profits the company distributes as dividends, there is no minimum requirement for companies to pay out dividends to their common stockholders. The other options listed (voting, selling stock, sharing assets upon liquidation) are all rights commonly possessed by common stockholders.

Which of the Following Is Not a Right Possessed by Common