The type of corporate ownership stock that gives owners preference over common shareholders in the payment of dividends and in a claim on assets if the company is liquidated is called:
A. preferred stock.
B. common stock.
C. bondholders.
D. creditors.
Answer:A
The type of corporate ownership stock that gives owners preference over common shareholders in the payment of dividends and in a claim on assets if the company is liquidated is called:
A. preferred stock. B. common stock. C. bondholders. D. creditors.