Which of the following are not characteristic of common stock ownership?
A) Residual claimant
B) Unlimited liability
C) Voting rights
D) Limited life of the security

Question

Quizplus · Accepted Answer

Unlimited liability is not a characteristic of common stock ownership. Common stockholders have limited liability, meaning they are not personally liable for the debts and obligations of the company.

Which of the Following Are Not Characteristic of Common Stock