Ordinary share carries all the following rights except the right to
A) vote on changes to the corporate charter.
B) share in profits.
C) receive information about the corporation.
D) receive part of the profit before other classes of stock.
E) attend the annual stockholders' meeting.

Question

Quizplus · Accepted Answer

Ordinary shares do not have the right to receive part of the profit before other classes of stock. They have the right to vote on changes to the corporate charter, share in profits, receive information about the corporation, and attend the annual stockholders' meeting.

Ordinary Share Carries All the Following Rights Except the Right