Which class of stock entitles its owner to special options relating either to dividends or to the distribution of assets?

Question

Quizplus · Accepted Answer

Preferred stock is a class of stock that entitles its owner to special options relating to dividends or to the distribution of assets in the event of a company's liquidation. These options give preferred stockholders priority over common stockholders in receiving dividends and assets.

Which Class of Stock Entitles Its Owner to Special Options