Define Dual Class Shares of Stock

question 14

Essay

Define Dual Class Shares of stock.Why would a firm consider issuing dual classes of stock? Are dual shares common in the United States? In what type of industry are they found?

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Definitions:

Terminal Losses

Losses realized at the end of an investment period or the life of an asset, often associated with the disposal of fixed assets or investment vehicles.

Lessors

Individuals or entities that lease an asset to another party, known as the lessee, in exchange for periodic payments.

Tax Deductible

An expense that is tax deductible can reduce taxable income, thereby lowering the amount of tax owed to the government.

CRA Guidelines

Rules and recommendations provided by the Canadian Revenue Agency for tax filing and compliance.