Dual class shares are best defined as:
A) a process where a company issues both common and preferred stock to finance the company.
B) a scenario in which companies have more than one class of shares and one class has superior voting rights over the other class.
C) a scenario in which 51% of the shares are held by a holding company which is part of a pyramid structure.
D) a process where a company issues shares in two separate countries each trading on a separate stock exchange.
Correct Answer:
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