Q875
Stockholders having right to elect directors and in smaller firms have high post are classified as
A.
public stocks
B.
inactive stocks
C.
special stockholders
D.
common stockholders
AnswerAnswer: Option D
Solution
Answer: Option D
Solution:
Stockholders having right to elect directors and in smaller firms have high post are classified as common stockholders. Common stockholders are usually given voting rights, with the number of votes directly related to the number of shares owned.