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il63 [147K]
3 years ago
11

Which is the type of stock that is commonly traded in stock exchanges? Hint: this is the form of company ownership that does not

include voting rights on major issues such as the election of directors.
Business
1 answer:
Rashid [163]3 years ago
5 0

Answer:

Preferred shares

Explanation:

In simple words, Preferred shares (sometimes known as "preferred") are indeed a type of hybrid security that has both equities and guaranteed income features. A preferred share, like an equity instrument, indicates an ownership stake, has no expiration period and is recorded on the capital side of a corporation 's balance sheet.

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