If a Corporation Has Only One Class of Stock, It

question 103

Multiple Choice

If a corporation has only one class of stock, it is understood to be:

• A) preferred stock.
• B) common stock.
• C) contributory stock.
• D) equity stock.

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Definitions:

Firm's Product

A firm's product is the good or service produced or offered by a business entity.

Job Search

describes the process individuals undertake to find a new job or employment opportunity.

Matching Workers

The process of aligning the skills and preferences of job-seekers with the needs and demands of employers.

Structural Unemployment

Unemployment resulting from industrial reorganization, typically due to technological change, rather than fluctuations in supply or demand.