Common Stockholders Have the Right To

question 189

Multiple Choice

Common stockholders have the right to:

• A) Receive dividends prior to the holders of noncumulative preferred stock.
• B) Receive a dividend prior to interest being paid on outstanding debt.
• C) Vote for the vice-presidents of the firm.
• D) Vote on any proposed acquisition or merger.
• E) Receive dividends prior to the cumulative preferred shareholders.