Jacob impresses his friends by stating that he just cast four votes in the election of the board of directors of Epic Electronics, indicating that Jacob owns __________ stock in Epic Electronics.

Respuesta :

Options: A. Preferred B. Cumulative preferred C. Registered D. Common.

Answer:D. Common

Explanation: Common stocks are stocks which are sold either through the Stock markets or through public offerings which gives the owner a partial right to the ownership of the firm.

Common stocks owners have certain rights in Organisations which include the RIGHT TO VOTE, THE RIGHT TO ENJOY DIVIDEND etc.

Common stock is the type of stock which the majority of the investors in a corporation own.