Which of the following is not a true statement? - 620

Solution Posted by
Solution Detail
Price: $1.25
  • From: ,
  • Posted on: Thu 01 Mar, 2012
  • Request id: None
  • Purchased: 0 time(s)
  • Average Rating: No rating
Request Description

Which of the following is not a true statement? 

53. When comparing common stock of the same company it is fair to say that
A) all shares, no matter how many classes, are all created with the same equal rights.
B) companies sometimes have two different classes of shares with unequal rights to dividends and votes.
C) the Securities and Exchange Commission allows only one class of common stock.
D) investors are indifferent between class A and class B shares.

 

Solution Description