41.) All of the following are correct regarding common stock ownership, except:

a. Owners of common stock have the right to vote on corporate matters.

b. With very few exceptions, shareholders are protected from personal liability from corporate obligations.

c. Shareholder voting can be done in person or by proxy.

d. When a corporation dissolves, the common stockholders are the first to be paid from the assets of the company.

42.) Stocks trading at prices that are low based on their historical earnings and current asset value are:

a. Blue-chip stocks.

b. Bargain stocks.

c. Value stocks.

d. Defensive stocks.