Preferred stock generally does not have voting rights, does not earn dividends, and does not have a claim on assets in liquidation.

Name: Preferred stock generally does not have voting rights, does not earn dividends, and does not have a claim on assets in liquidation.
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Question

Quizplus · Accepted Answer

Preferred stock does typically have voting rights, does earn dividends (usually at a fixed rate), and does have a higher claim on assets in liquidation compared to common stock.

Preferred Stock Generally Does Not Have Voting Rights, Does Not