Take Test: Unit 6 CA: Stocks 16SP_FIN_3310_ONH01 Preferred dividend payments take precedence over common dividends. (CSLO 4)
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Question:
Preferred dividend payments take precedence over common dividends. (CSLO 4)
True
False
Take Test: Unit 6 CA: Stocks 16SP_FIN_3310_ONH01Which 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. |
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