Most C corporations have two classes of stock- ________ and ________.
A) premium; normal
B) common; preferred
C) standard; substandard
D) regular; special
E) ordinary; distinct

Question

Quizplus · Accepted Answer

The most common classes of stock for C corporations are common and preferred. Common stock represents ownership in the company and typically grants the shareholder voting rights. Preferred stock usually does not carry voting rights but provides other benefits, such as fixed dividends or priority in the distribution of assets in the event of a company's bankruptcy.

Most C Corporations Have Two Classes of Stock- ________ and ________

Most C Corporations Have Two Classes of Stock- and