If a Corporation Has Only One Class of Shares, It

question 65

Multiple Choice

If a corporation has only one class of shares, it is referred to as

• A) classless shares.
• B) preference shares.
• C) solitary shares.
• D) ordinary shares.

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Definitions:

Observed Frequencies

The actual counts of occurrences for specific categories or outcomes in a data set.

Null Hypothesis

A default hypothesis that there is no significant difference or effect, intended to be contested by an alternative hypothesis.

Expected Frequency

The predicted number of times an outcome is expected to occur in a statistical experiment, based on theoretical probability distribution.

Significance Level

The threshold used in statistical testing to determine if a result is statistically significant, commonly set at 0.05, indicating a 5% risk of concluding an effect exists when it does not.