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Which is not one of the rights

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Reference no: EM133001980

Problem 1: Common stockholders are designated certain legal rights and privileges. Which of the following is not one of these rights?

a) A common stockholder has the right to elect the directors. A shareholder's influence is proportional to the shareholder's ownership of the firm.
b) Individual stockholders have a right to determine how much of their share of earnings they will receive.
c) A common shareholder can purchase a pro-rata basis of any additional shares sold by the firm.
d) Common stockholders have a proportional right to any earnings paid as dividends.

Reference no: EM133001980

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