Answer to Question #229396 in Economics for Millicent

Question

Which statement is true regarding ordinary shareholders?

Select one:

a. Ordinary shareholders cannot vote at an annual general meeting.

b. Ordinary shareholders bear a fixed dividend.

c. Ordinary shareholders are not guaranteed dividends upon liquidation.

d. Ordinary shareholders are guaranteed dividends.

Answer 1

c. Ordinary shareholders are not guaranteed dividends upon liquidation.