Residual claims, limited rights, limited liability and dividend payments on discrete basis are considered as

A. characteristics of fundamental stock

B. characteristics of claimed stock

C. characteristics of common stock

D. characteristics of preferred stock

Answer: Option C

Solution(By Examveda Team)

Residual claims, limited rights, limited liability and dividend payments on discrete basis are considered as characteristics of common stock. Common stock is a security that represents ownership in a corporation. Holders of common stock exercise control by electing a board of directors and voting on corporate policy.