When a company incorporates reorganizes, and sells stock outsiders who purchase the stock become

voting members of the board What type of stock is this?

A bonds

0

B common stock

O

c ownership contracts

D. money

B common stock

Explanation:

Stocks that confer voting rights on its holders are referred to as common stocks.

Common stocks are otherwise known as voting shares. Holders of common stocks of a company or business usually have the right to vote on decisions such as elections of board members, policies of the company, and etc.

Common stocks are different from preferred stocks with the latter conferring no voting rights on its holders. However, preferred stock holders have claims to assets over common stock holders in case a company liquidates.