Preferred shareholders have the right to receive dividends before common shareholders but do not control who the directors of the corporation will be.

Name: Preferred shareholders have the right to receive dividends before common shareholders but do not control who the directors of the corporation will be.
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Question

Quizplus · Accepted Answer

Preferred shareholders have priority over common shareholders in receiving dividends, but they typically do not have voting rights to influence corporate decisions, such as electing directors.

Preferred Shareholders Have the Right to Receive Dividends Before Common