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Passing a new constitutional amendment or refusing to fund a decision are examples of which of the following?
Preferred Stock
A class of ownership in a corporation that has a higher claim on assets and earnings than common stock and typically doesn't have voting rights.
Income Earned
Revenue received from work performed or services provided, often used interchangeably with earned income.
Common Stock
A type of security that represents ownership in a corporation, entitling the holder to dividends and voting rights.
Stockholders' Equity
The equity stake that shareholders have in a company, representing their ownership interest, which is calculated as total assets minus total liabilities.
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