Stock holder who does not have any voting rights in corporation is considered as
A
sub class voter
B
preferred stockholder
C
common stock holder
D
cumulative voter
Correct Answer: preferred stockholder
Stock holder who does not have any voting rights in corporation is considered as preferred stockholder. Preferred stock is a type of ownership that receives greater demand on a company's profits and assets than common stock. While preferred shareholders do not typically have a right to vote in the company, they do hold the benefit of being paid dividends before common shareholders.