Question: Which statement about stockholders is incorrect : A) Common stockholder have first claim on the firm's asset during bankruptcy B) Common stockholders have a residual

Which statement about stockholders is incorrect :

A) Common stockholder have first claim on the firm's asset during bankruptcy

B) Common stockholders have a residual claim on the firm'S cash flow

C) Common stockholders are ultimate owners of a corporation

D) Common stockholders have voting right

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