Ellie owns stock in Rotary Technologies. Her stock provides a priority claim on dividend payments and on the firm's assets in the event of liquidation. However, her ________ stock ownership does not offer her voting rights.

Question

Quizplus · Accepted Answer

Preferred stock provides priority on dividend payments and assets in the event of liquidation, but often does not offer voting rights to the owner. Common stock, on the other hand, typically offers voting rights but may not have priority on dividend payments or assets in the event of liquidation. Superior and callable are not types of stock ownership.

Ellie Owns Stock in Rotary Technologies