QuestionJuly 29, 2025

True or false: All classes of stock issued by a firm must have equal voting rights. True False

True or false: All classes of stock issued by a firm must have equal voting rights. True False
True or false: All classes of stock issued by a firm must have equal voting rights.
True
False

Solution
4.4(196 votes)

Answer

False Explanation 1. Identify Stock Classes Firms can issue different classes of stock, such as common and preferred. 2. Voting Rights Analysis Different classes may have different voting rights. Common stock typically has voting rights; preferred stock often does not.

Explanation

1. Identify Stock Classes<br /> Firms can issue different classes of stock, such as common and preferred.<br /><br />2. Voting Rights Analysis<br /> Different classes may have different voting rights. Common stock typically has voting rights; preferred stock often does not.
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