Which of the following are rights of stockholders?
A) To share in the firm's profits after all other creditors have been satisfied
B) To be guaranteed a dividend
C) To decide whether or not to pay taxes on capital gains
D) To vote for directors, but never on specific issues
E) To avoid losses when the firm's prospects decline

Question

Quizplus · Accepted Answer

Stockholders are residual claimants, meaning they share in the profits after all other creditors have been satisfied.

Which of the Following Are Rights of Stockholders