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QUESTION IMAGE

who are typically permitted to vote for the board of directors of a bus…

Question

who are typically permitted to vote for the board of directors of a business?
preferred stock holders
corporate debt holders
common stock holders
long-term bond holders

Explanation:

Brief Explanations

In corporate governance, common stockholders typically have the right to vote for the board of directors. Preferred stockholders usually have limited or no voting rights in this regard. Corporate debt holders (like bondholders) are creditors and do not have voting rights for the board as they are not equity owners.

Answer:

C. common stock holders