In the case of Facebook, which has issued Class A and Class B shares,
I.both classes of shares have the same cash-flow rights;
II.both classes of shares have the same control rights;
III.both classes of shares have different cash-flow rights;
IV.both classes of shares have different control rights
A)I and II only
B)II and III only
C)I and IV only
D)III and IV only

Question

Quizplus · Accepted Answer

Class A shares have one vote per share and Class B shares have 10 votes per share, which means they have different control rights. However, both classes of shares have the same cash-flow rights, as stated in Facebook's S-1 filing with the SEC.

In the Case of Facebook, Which Has Issued Class a and Class