Which of the following is not a right possessed by common stockholders of a corporation?
a. the right to vote in the election of the board of directors
b. the right to receive a minimum amount of dividends
c. the right to sell their stock to anyone they choose
d. the right to share in assets upon liquidation
b
Business
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The ________ is the federal agency responsible for protecting money in customer accounts and managing the transition of assets whenever a bank fails
A) Federal National Loan Corporation B) Federal Deposit Insurance Corporation C) Federal Home Loan Association D) Federal Mortgage Corporation E) Federal National Mortgage Association
Business
Preferred stock that has a right to share with common stock in dividends in excess of a stated dividend rate is called participating preferred stock
Indicate whether the statement is true or false
Business