Companies Can Issue Different Classes of Common Stock

question 23

Multiple Choice

Companies can issue different classes of common stock.Which of the following statements concerning stock classes is CORRECT?

• A) All common stocks fall into one of three classes: A,B,and C.
• B) All common stocks,regardless of class,must have the same voting rights.
• C) All firms have several classes of common stock.
• D) All common stock,regardless of class,must pay the same dividend.
• E) Some class or classes of common stock are entitled to more votes per share than other classes.

---

Definitions:

Galactose

A simple sugar that is a component of lactose, found in milk and dairy products, and is metabolized by the body into glucose.

Lateral Hypothalamus

An area of the brain thought to control hunger and thirst; damage can reduce the desire to eat and drink.

Sugar Receptors

Cellular structures that detect the presence of sugar molecules, primarily involved in taste perception.

Ventromedial Hypothalamus

A part of the hypothalamus that plays a role in satiety, or feeling full after eating, and regulating part of the body's energy balance.