Accounting about stockholders' equity? 1. common stockholders usually have all of the following rights except: a) to receive dividends when declared. b) to share in the distribution of assets. c) to elect board of directors. d) to participate in the day-to-day operations. 2. which of the following is a reason that a corporation would prefer to issue stock instead of bonds? a) dividend payments can be deducted for income tax purposes but interest payments cannot. b) expansion is accomplished without surrendering ownership control. c) the risk of going bankrupt is less. d) all of the above are reasons for issuing stock. 3. which of the following financing alternatives has the highest preference of payment in a case where the company liquidates its assets? a) common stock. b) preferred stock. c) bonds. d) they have equal preference. me. you for your .