Which of the Following Statements Is Correct

question 28

Multiple Choice

Which of the following statements is correct?

• A)The owners of preferred stock are the only stockholders who have the right to vote.
• B)The issuing corporation may retain the right to repurchase shares of preferred stock from the stockholders at a specific price
• C)All stockholders are guaranteed the right to receive annual dividends.
• D)In a liquidation, common shareholders are paid before preferred shareholders.

---

Definitions:

Muscles

Tissues in the body that can contract, enabling movement and force generation.

Oxygen

A chemical element (O) essential for most life forms on Earth; it participates in respiration and forms part of water molecules.

Pyruvate

A key intermediate compound in the cellular metabolic pathways, formed from the breakdown of glucose through glycolysis.

Lactate

A compound produced during anaerobic metabolism, commonly known as lactic acid when found in the body.