The ownership of common stock in a corporation usually carries the following rights:

Question

Quizplus · Accepted Answer

Common stockholders have the right to declare dividends and share in the distribution of assets if the corporation is to be liquidated. They also have the right to vote for directors, but this is not an exclusive right of common stockholders as preferred stockholders may also have voting rights. Therefore, option D is the best choice as it encompasses both dividend declaration and asset distribution rights.

The Ownership of Common Stock in a Corporation Usually Carries