Dual-Class Shares Differentiate Different Classes of Common Share

question 8

True/False

Dual-class shares differentiate different classes of common share.They are issued by companies to meet special needs,such as when owners of a start-up firm need additional equity capital but don't want to relinquish voting control.

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Definitions:

Credit For The Elderly

A tax credit available to certain elderly and disabled individuals to reduce the amount of taxes owed.

Nontaxable Social Security Benefits

Portions of Social Security payments that are not subject to federal income tax under certain conditions.

AGI

Adjusted Gross Income, calculated as gross income minus adjustments, is a key figure in determining taxable income and eligibility for various tax deductions and credits.

Premium Tax Credit

A repayable tax credit intended to assist qualified individuals and families with low or moderate incomes in purchasing health insurance via the Health Insurance Marketplace.