Question

All of the followings are the rights and privileges of a Common Stockholders EXCEPTING:

a.
Voting/Proxy Rights

b.
Right to Dividends

c.
Residual Right

d.
Pre-emptive Right

e.
Right to Interest Payments

Answer 1

Answer:

e; Right to Interest payments

Explanation:

Right to interest payments is not for common shareholders but for a company's creditors such as bondholders. If the latter own  coupon-paying bonds, they have the right to  receive interest payments in the form of coupons.