CCM Equity Securities Practice Questions - SEC Sri Lanka Certificate In Equity Securities (CCM) Exam

Which of the following is a primary characteristic of common stock ownership in a listed company?

A guarantee of annual dividend payments A residual claim on corporate assets in the event of liquidation Priority status over bondholders in bankruptcy proceedings The right to veto board of directors appointments individually

Correct Answer:

A residual claim on corporate assets in the event of liquidation

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