When Investors Purchase ________ Stock, They Receive a Priority Claim

question 241

Multiple Choice

When investors purchase ________ stock, they receive a priority claim in the payment of dividends, as well as assets if the business is liquidated. However, these investors do not have voting rights.

• A) common
• B) preferred
• C) secured
• D) debenture

---

Definitions:

Learning To Be

The concept of education aimed at personal development and fulfillment, beyond acquiring practical skills or knowledge.

Good Citizen

An individual who actively contributes to the well-being of their community and society through responsible and ethical behavior.

Homeschooling

The education of children at home by their parents or tutors rather than in a traditional public or private school setting.

Extracurricular Activities

Activities that students participate in outside of the regular academic curriculum, such as sports, clubs, music, and arts, which can contribute to their personal and educational development.