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Explain the terms natural immunity,artificial immunity,active immunity,and passive immunity.Give an example of natural passive immunity.
Preferred Stock
a class of stock that typically provides dividends before dividends are distributed to common stockholders and may have priority over common stock in the event of liquidation.
Common Stock
Equity ownership in a corporation, with holders having a claim on the company’s profits in the form of dividends and voting rights in corporate governance.
No Par Value
Refers to shares issued without a stated face value, with their selling price determined by the issuing company.
Stated Value
A value that is assigned to no-par value stock by the company’s board of directors, which becomes the legal capital per share of the stock.
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