Asked by
Karissa Andrade
on Nov 03, 2024
Verified
Isabella owns 100 _____ stock of NxtGen Solutions,a software firm.It means that she has voting rights on company decisions at NxtGen Solutions,but only residual claims on the company's assets.
A) preferred
B) principal
C) management
D) common
Common Stock
Represents ownership shares in a corporation, giving holders voting rights and a claim on a portion of the company’s profits through dividends.
Voting Rights
The entitlement of shareholders or citizens to vote in company or public elections, respectively.
Residual Claims
Financial rights to assets remaining after all debts have been settled, often referring to shareholders' claims on a company's earnings and assets after paying creditors.
- Comprehend the tasks and obligations of principal entities in corporate governance, such as the board of directors and stockholders.
Verified Answer
SA
Learning Objectives
- Comprehend the tasks and obligations of principal entities in corporate governance, such as the board of directors and stockholders.