The Owner of preferred stock: (Please select an option via multiple choice)

A) Owns shares that generally have a stated liquidating value of $1,000 per share.

B) is guaranteed voting rights similar to a common shareholder.

C)Has the right to collect payment on any unpaid dividends as long as the stock is non-cumulative preferred.

D) Is entitled to a distribution of income prior to the common shareholders.

E) Has the right to veto the outcome of an election held by the common shareholders.