Most shares on U.S. stock exchanges are ordinary shares, and they offer the opportunity for voting and potential rewards without guaranteed dividends. Ordinary shareholders have voting...
The most common characteristic of ordinary shares is voting rights. Here's why and why the othe...
Correct Answer: Option C Explanation Ordinary shareholders are owners of the company, hence possess voting rights in the selection of board members, they take the maximum risks of the business, and their dividends vary and mostly paid only after all other classes of shares have been paid.