Which of the Following Statements Is True of Preferred Stockholders

Multiple Choice

Which of the following statements is true of preferred stockholders?

A) They are eligible to vote by proxy.
B) They are the voting owners of a corporation.
C) They have the right to exercise preemptive rights.
D) They have a claim to profits before other stockholders do.
E) They are generally the decision-makers in the day-to-day running of an organization.