Question

Which one of the following is not an ownership right of a stockholder in a corporation?

Answer 1

Answer:

The correct answer is option d.

Explanation:

The common stockholders in a corporation get voting generally, one vote per share held. They can vote in the process of electing the board of directors who oversee the management of the corporation.  

Thus these stockholders up to a certain degree have the ability to control management.  

They get to share corporate earnings of the business in the form of dividends. But during the time of liquidation, the common stockholders are paid at the very last. The preference is to pay creditors, bondholders, and preferred shareholders first.

Though the dividends on the common stock are declared by the management or the board of directors and not the shareholders.