Common stock _________________.
A) Has guaranteed dividends
B) Is the first to be paid in the event of bankruptcy
C) Has guaranteed returns
D) Represents ownership in a company

Question

Quizplus · Accepted Answer

Common stock represents ownership in a company, but it does not have guaranteed dividends or returns. It is also typically the last to be paid in the event of bankruptcy, after other creditors have been paid.

Common Stock _________________