Which of the Following Is Correct with Regard to Common

question 60

Multiple Choice

Which of the following is correct with regard to common stock?

• A) The Revised Act has eliminated the terms "preferred" and "common."
• B) Common stock does not have any special contract rights or preferences.
• C) Common stock generally bears the greatest risk of loss in the event of the failure of the enterprise.
• D) All of these are correct with regard to common stock.

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