Which of the Following Is True of Non-Voting Common Stock

question 118

Multiple Choice

Which of the following is true of non-voting common stock?

• A) It is not legal in Canada to issue common stock without voting rights.
• B) A "coattail" provision requires that 2/3 of all common stock carry voting rights.
• C) Non-voting common stockholders must be paid a dividend each year.
• D) Non-voting shares must receive dividends no lower than dividends on voting shares.
• E) Non-voting shares commonly sell at a premium over voting shares.

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Definitions:

Pour

Pour refers to the act of flowing or transferring a liquid from one container to another.

Intravenous

Pertaining to the administration of drugs, fluids, or nutrients directly into a vein.

Parenteral

Pertaining to medical treatments not administered through the digestive tract, often involving injections through intravenous, intramuscular, or subcutaneous routes.