Which of the following is not typically a feature of common stock?
A. Most common stock is callable.
B. Most common stock is cumulative.
C. Common stock may or may not pay dividends.
D. More than one of the above statements is not true of common stock.
Answer:D
Which of the following is not typically a feature of common stock?
A. Most common stock is callable. B. Most common stock is cumulative. C. Common stock may or may not pay dividends. D. More than one of the above statements is not true of common stock.