Question

All of the following are features of preferred stock except:

A. voting rights.
B. preference as to dividends.
C. callable at the corporation's option.
D. convertible into common stock.

Answer 1

Preferred stock does not typically come with voting rights.

Step-by-step explanation:

Preferred stock is a type of stock that gives its holders a higher claim on the company's assets and earnings compared to common stockholders. However, it does not typically come with voting rights, which is the main feature that distinguishes it from common stock. Therefore, the correct answer is A. voting rights.