SIE practice questionmediumCommon Stock
Which of the following is NOT a right of common shareholders?
- ARight to declare dividends✓ Correct answer
- BRight to vote for the board
- CRight to receive dividends if declared
- DRight to inspect company records
Explanation
Why A — Right to declare dividends
The board declares dividends, not shareholders. Voting and records rights exist for common holders, and they may receive dividends if declared.
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