Answer (C) is correct . Common stock does not have the right to accumulate unpaid dividends. This right is often attached to preferred stock.
Answer (A) is incorrect because Common shareholders have the right to vote (although different classes of shares may have different privileges).
Answer (B) is incorrect because Common shareholders have the right to share proportionately in corporate assets upon liquidation (but only after other claims have been satisfied).
Answer (D) is incorrect because Common shareholders have the right to share proportionately in any new issues of stock of the same class (the preemptive right).
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