Blair and Chanel are holders of common stock in Discount Retail Stores, Inc. Like other holders of common stock, they have a residual position in the overall financial structure of Discount Retail, because they

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Blair and Chanel are holders of common stock in Discount Retail Stores, Inc. Like other holders of common stock, they have a residual position in the overall financial structure of Discount Retail, because they​

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As holders of common stock, Blair and Chanel are the last to receive returns for their investment, which means they have a residual position in the overall financial structure of Discount Retail. This means that they receive any remaining profits after all other stakeholders have been paid, but they are also the first to bear any losses or risks associated with the company's performance. They are not guaranteed to receive more than the amount of their investment, nor do they have priority to the firm's assets if it becomes insolvent. The state of the firm's incorporation is irrelevant to their position as common stockholders.

Blair and Chanel Are Holders of Common Stock in Discount