What type of stock receives an equal part of the profits on each share to be distributed after all other obligations of a company have been satisfied a. cumulative preferred b. no-par c. common d. preferred

Option: C is true (Common Stock)

Step-by-step explanation:

Common stock is a form of corporate equity ownership, a type of security. They are known as Equity shares or Ordinary shares in the UK and other Commonwealth realms. This type of share gives the stockholder the right to share in the profits of the company, and to vote on matters of corporate policy and the composition of the members of the board of directors.

Hence, Common Stock  are the stock which receives an equal part of the profits on each share to be distributed after all other obligations of a company have been satisfied.