Asked by
Caleb Travis
on Nov 14, 2024
Verified
Preferred stockholders generally do not have the right to vote for the board of directors.
Preferred Stockholders
Investors who own shares of preferred stock in a company, typically entitled to dividends before common stockholders and having priority in assets upon liquidation.
- Gain insight into how ownership of corporate shares affects stockholders' privileges and duties.
Verified Answer
JP
Learning Objectives
- Gain insight into how ownership of corporate shares affects stockholders' privileges and duties.