Which of the following typically applies to preferred stock but not to common stock?

	a.	par value
	b.	legally considered as equity in the firm
	c.	voting rights
	d.	contractual fixed dollar dividend amount

Which of the following is typically a feature of common stock?

	a.	Most common stocks are not callable
	b.	Most common stocks are cumulative
	c.	Common stocks must pay dividends
	d.	Common stocks have a maturity value