Isabella owns 100 shares of IBM ______ stock, which means she has voting rights on company decisions at IBM, but only residual claims on the company's assets.
A) preferred
B) principal
C) management
D) common

Question

Quizplus · Accepted Answer

Isabella owns common stock, which gives her voting rights but only residual claims on the company's assets. Preferred stockholders do not have voting rights and have priority claim on the company's assets. Principal and management stocks are not common types of stocks.

Isabella Owns 100 Shares of IBM ______ Stock, Which Means