Stockholders having right to elect directors and in smaller firms have high post are classified as

public stocks
inactive stocks
special stockholders
common stockholders

The correct answer is: D. common stockholders

Common stockholders are the owners of a company. They have the right to elect directors, vote on major corporate decisions, and receive dividends. In smaller firms, common stockholders often have high-level positions within the company.

Public stocks are stocks that are traded on a public stock exchange. Inactive stocks are stocks that are not actively traded on a public stock exchange. Special stockholders are stockholders who have special rights or privileges, such as the right to vote on certain matters or to receive dividends before other stockholders.

Here is a more detailed explanation of each option:

  • Public stocks are stocks that are traded on a public stock exchange. This means that they are available for purchase by anyone who wants to buy them. Public stocks are typically more liquid than private stocks, which means that they are easier to sell.
  • Inactive stocks are stocks that are not actively traded on a public stock exchange. This means that there are few buyers and sellers for these stocks, and their prices may be more volatile. Inactive stocks are often considered to be riskier investments than public stocks.
  • Special stockholders are stockholders who have special rights or privileges, such as the right to vote on certain matters or to receive dividends before other stockholders. Special stockholders are typically found in closely held corporations, which are corporations with a small number of shareholders.
  • Common stockholders are the owners of a company. They have the right to elect directors, vote on major corporate decisions, and receive dividends. Common stockholders are typically found in publicly traded corporations.
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