J
James B
Guest
Which of the following is not a true statement?
Question 25 answers
Common stockholders have a residual claim to income.
Bondholders may force a corporation into bankruptcy for failure to make interest payments.
Common stockholders are legally entitled to some dividend.
A minority interest can still elect members to the Board of Directors under cumulative voting even though someone else owns 51% of the stock.
Question 25 answers
Common stockholders have a residual claim to income.
Bondholders may force a corporation into bankruptcy for failure to make interest payments.
Common stockholders are legally entitled to some dividend.
A minority interest can still elect members to the Board of Directors under cumulative voting even though someone else owns 51% of the stock.