Which security type includes the right to vote for a board of directors? 1- Bonds 2-...
Which security type includes the right to vote for a board of directors?
1- Bonds
2- Prefered stock
3- Money market funds
4- Common stock
Homework Answers
4-common stock.
Common stock gives its holders the right to vote for a board of directors.
Bonds are a form of debt and do not give any voting rights.
money market funds are form of investment and will not give any voting rights.
Preferred stock holders get preference in dividend and assets at the time of winding up, but does not give any voting rights.
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Which security type includes the right to vote for a
board of directors?
1- Bonds
2-...
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Common stock, $1 par, 50,000,000 shares outstanding
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