Question

Preferred stock may have priority over common stock except in

Answer 1

Voting

Step-by-step explanation:

Although There are several differences between preferred and common stock. They have a main difference and the difference lies in the fact that preferred stock withdraws from the shareholders the rights to vote. But common stock gives a right to vote, and it is usually at one vote per owned share. If company is to elect a board of directors, preferred stock have no rights to vote.