Preferred stock has priority over common stock in ________.
A) voting rights
B) distribution of assets in liquidation
C) payment of dividends
D) B and C

Name: Preferred stock has priority over common stock in ________. A) voting rights B) distribution of assets in liquidation C) payment of dividends D) B and C
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Question

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Preferred stock has priority over common stock in the distribution of assets in liquidation and payment of dividends. However, common stock usually has more voting rights than preferred stock.

Preferred Stock Has Priority Over Common Stock in ________