Characteristics of common stock

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Reference no: EM13811620

All of the following are characteristics of common stock except the:

a) ability to vote for corporate directors.

b) ability to vote on key issues such as a merger.

c) priority over other equity in a bankruptcy proceeding.

d )right to share proportionally in dividends paid to common shareholders.

e) right to share proportionally in any residual value in a bankruptcy proceeding.

Reference no: EM13811620

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