The class of stock that has certain advantages relative to the residual ownership interest in a corporation is called

Name: The class of stock that has certain advantages relative to the residual ownership interest in a corporation is called
Brand: Quizplus
Rating: 4.9 (45 reviews)

Question

Quizplus · Accepted Answer

Preferred stock typically offers advantages such as fixed dividends and priority over common stock in the event of liquidation, distinguishing it from the residual ownership interest represented by common stock.

The Class of Stock That Has Certain Advantages Relative to the Residual