Which of the following is not a characteristic of common stock ownership?
A) residual claimant
B) unlimited liability
C) voting rights
D) right to any dividend paid by the corporation.

Question

Quizplus · Accepted Answer

Common stock ownership does not have unlimited liability. Instead, it has limited liability, which means that the shareholder is only liable for the amount of their investment in the company. The other three characteristics - residual claimant, voting rights, and the right to any dividend paid by the corporation - are all typical features of common stock ownership.

Which of the Following Is Not a Characteristic of Common