A major advantage to owners of preferred stock over common stock is that owners of preferred stock have voting rights.

Question

Quizplus · Accepted Answer

Owners of preferred stock typically do not have voting rights, which is a privilege usually reserved for common stockholders. Preferred stockholders have priority over common stockholders in receiving dividends and assets in the event of liquidation, but they generally do not have voting rights on corporate matters.

A Major Advantage to Owners of Preferred Stock Over Common