Q615
Stock holder who does not have any voting rights in corporation is considered as
A.
sub class voter
B.
preferred stockholder
AnswerC.
common stock holder
D.
cumulative voter
Answer: Option B
Solution
Answer: Option B
Solution:
Stock holder who does not have any voting rights in corporation is considered as preferred stockholder. Preferred stock is a type of ownership that receives greater demand on a company's profits and assets than common stock. While preferred shareholders do not typically have a right to vote in the company, they do hold the benefit of being paid dividends before common shareholders.