Take Test: Unit 6 CA: Stocks 16SP_FIN_3310_ONH01

Preferred dividend payments take precedence over common dividends. (CSLO 4)

True

False

Take Test: Unit 6 CA: Stocks 16SP_FIN_3310_ONH01

Which of the following statements is NOT true about common stock? (CSLO 4)

	A.	Common-stock holders have the right to vote on the election of the board of directors of their company.
	B.	Common stock is considered to have no fixed maturity.
	C.	Owners of common stock are guaranteed dividend payments by the firm.
	D.	Common-stock holders have limited liability toward the obligations of the corporation.