Another type of security available in the investment environment which represents a commitment by a corporation to pay periodic and variable cash dividends is known as a
A) corporate T-bill
B) common stock
C) preferred stock
D) corporate bond

Question

Quizplus · Accepted Answer

Common stock represents ownership in a corporation and entitles the shareholder to a share of the company's profits through dividends, which can be variable and are not guaranteed.

Another Type of Security Available in the Investment Environment Which