Multiple Choice Question 54 Stockholders of a corporation directly elect the treasurer of the corporation. all of the employees of the corporation. the president of the corporation. the board of directors. 9- Multiple Choice Question 126
Which of the following is not a right or preference associated with preferred stock?
Preference to corporate assets in case of liquidation The right to vote
To receive dividends in arrears before common stockholders receive dividends
First claim to dividends 10- Multiple Choice Question 197
Restricting retained earnings for the cost of treasury stock purchased is a
legal restriction. stock restriction. voluntary restriction. contractual restriction.