What right do most common stockholders have that most preferred stockholders do not have?
A) First claim to company distributions
B) Voting rights
C) Ability to sell stock in the open market
D) Dividend guarantees
E) Authority over daily business decisions

Question

Quizplus · Accepted Answer

Most common stockholders have voting rights, while most preferred stockholders do not. Preferred stockholders may have the right to vote on specific issues, but they do not have the same general voting rights as common stockholders.

What Right Do Most Common Stockholders Have That Most Preferred