Which of the following is NOT a basic right of a common stockholder?

Question

Quizplus · Accepted Answer

While common stockholders have the right to vote for the board of directors and the preemptive right, they do not have a guaranteed right to receive a dividend. The payment of dividends is determined by the board of directors based on the company's earnings and financial situation. The right to receive all excess assets once obligations to others have been satisfied is known as the residual claim.

Which of the Following Is NOT a Basic Right of a Common