ACC 304 Course Great Wisdom / tutorialrank.com ACC 304 Course Great Wisdom / tutorialrank.com | Page 333
b. receive cash dividends before other classes of stock without
the pre-emptive right.
c. sell capital stock back to the corporation at the option of the
stockholder.
d. receive the same amount of dividends on a percentage basis
as the preferred stockholders.
S24. In a corporate form of business organization, legal
capital is best defined as