Asked by

Helen Hoang
on Nov 15, 2024

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Preferred stockholders have what right over common stockholders?

A) More risk than common stockholders
B) Voting rights
C) Prior claim to dividends
D) Preemptive rights

Prior Claim

A legal right or financial obligation that takes precedence over others, typically in the context of creditors in bankruptcy proceedings.

  • Understand the rights and privileges associated with preferred and common stocks, including dividend preferences, voting rights, and preemptive rights.
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Brody PeacockNov 16, 2024
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