________ stock has voting shares and allows stockholders to elect the board of directors,attend annual shareholder meetings,and vote on establishing corporate objectives,policy,and stock splits; thus,these stockholders are able to influence the direction of the company.

Question

Quizplus · Accepted Answer

Common stock is the type of stock that has voting rights and allows shareholders to participate in company decisions by electing the board of directors, voting on corporate objectives, policies and stock splits, and attending annual shareholder meetings. Preferred stock does not give shareholders the same voting rights as common stock, and over-the-counter and penny stocks refer to where the stock is traded, not the type of stock itself.

________ Stock Has Voting Shares and Allows Stockholders to Elect