Unless the shares are specifically restricted, a holder of common stock with a preemptive right

Question

may share proportionately in all of the following except

A. The vote for directors.

B. Corporate assets upon liquidation.

C. Cumulative dividends.

D. New issues of stock of the same class.

Mir Mujtaba Ali · Answer

c.

Agree with Mr. Ahmed Abdullah >>>>>>>

VENKITARAMAN KRISHNA MOORTHY VRINDAVAN · Answer

Answer option C >>>>>>>>>>>>>>>>>>> Cumulative dividends.

Ezzidin Ibrahim · Answer

C. Cumulative dividends, a holder of a common stock with a preemptive right do not have the right for the cumulative dividends.

Ahmed kandil · Answer

ANSWER C IS THE CORRECT ANSWER

Khurram Shaukat Memon · Answer

Option C may be correct, because if I remember rightly dividend is issued at discretion of the board.

Muhammad Imran · Answer

D. New issuance of stock of same class.