Question

Andy invests in Oregon Corp., a plastic manufacturing company. As a stockholder, he owns a part of the company and he holds the right to vote on company issues. However, he is entitled to dividends only when the company's board of directors decides to. According to the company policies, of Oregon Corp. faces dissolution in the future, Andy will receive his assets only after the company satisfies the claim of the preferred stockholders. Based on the given information, it can be concluded that Andy is a _____.

Answer 1

Answer:

Common stockholder

Explanation:

The common stockholder is that stockholder who acquires a minimum one stock of the company. The treatment of the common stockholder is that he gets the dividend after distribution to the preferred stockholders. Moreover, it also gets the right to vote on company issues.  

According to the given situation, the most appropriate term is a common stockholder.