Lucas owns stock in CVS Health.He has the right to vote on company issues and examine corporate records,and he receives dividends from CVS Health's profits.What type of stock does Lucas own?
A) Common
B) "A" class
C) Proxy
D) Dividend
E) Preferred

Question

Quizplus · Accepted Answer

Common stock gives the holder the right to vote on company issues and examine corporate records, as well as receive dividends from profits. "A" class and Proxy stocks do not exist, and while dividend stocks do provide regular income from profits, they do not provide the same rights of voting and examination as common stock. Preferred stock, on the other hand, is a type of stock that typically does not offer voting rights but instead provides a fixed dividend payment.

Lucas Owns Stock in CVS Health