Preferred Stock Has Some Distinctly Different Characteristics from Common Stock

Multiple Choice

Preferred stock has some distinctly different characteristics from common stock.Which of the characteristics below is not related to preferred stock?

A) Its dividends may be paid at a fixed rate.
B) It has a higher priority for the distribution of assets than common stock.
C) It has a higher priority for the payment of dividends than common stock.
D) It generally has voting rights.