Which of the following is not an example of pay for time not worked?

________ power: Control over valued rewards e.g. pay raise for good performance

Fill in the blank(s) with the appropriate word(s).

Which of the following is true of common stock?

A) It is often considered quasi-debt due to fixed payment obligation. B) It has less restrictive covenants than debt. C) It gives the holder voting rights which permit selection of the firm's directors. D) Its holders have priority over preferred stockholders in the event of liquidation of assets.