Common shareholders usually have all of the following rights except:
A) To share in the profits.
B) To share in assets upon liquidation.
C) To elect a board of directors.
D) To participate in the day-to-day operations.

Question

Quizplus · Accepted Answer

Common shareholders do not have the right to participate in the day-to-day operations of the company, as this is the responsibility of the management and the board of directors. Other rights of common shareholders include the right to share in the profits, the right to share in assets upon liquidation, and the right to elect a board of directors.

Common Shareholders Usually Have All of the Following Rights Except