ACC 304 All Assignments ACC 304 All Assignments | Page 36

a. management.
b. creditors.
c. common stockholders.
d. preferred stockholders.
22.
The pre-emptive right of a common stockholder is the right to
a. share proportionately in corporate assets upon liquidation.
b. share proportionately in any new issues of stock of the same class.
c. receive cash dividends before they are distributed to preferred
stockholders.
d. exclude preferred stockholders from voting rights.