Abigail and Pamela Both Have Stocks in the Rondante Group

Multiple Choice

Abigail and Pamela both have stocks in the Rondante Group. However, if in the future the company goes out of business, Pamela will have a claim on the assets of the company before Abigail. Also, she is given higher priority when the company pays the dividends to all its stockholders. Unlike Abigail, Pamela is a _____.

A) value stockholder
B) growth stockholder
C) preferred stockholder
D) common stockholder