Annie owns 100 shares of stock in the Samson Electricals Corporation, but as a stockholder she does not have the right to vote in stockholders' meetings. Annie owns common stock.

Question

Quizplus · Accepted Answer

Common stockholders have the right to vote in stockholders' meetings, so if Annie does not have the right to vote, she may own another type of stock such as preferred stock.

Annie Owns 100 Shares of Stock in the Samson Electricals