It is possible for a corporation to have different types of shares, with different voting rights.

Question

Quizplus · Accepted Answer

It is common for corporations to have multiple classes of stock, with different voting rights assigned to each class. For example, one class of shares may have regular voting rights, while another class may only have the right to vote on certain matters. This allows corporations to provide different levels of control to different shareholders, such as founders, institutional investors, and the general public.

It Is Possible for a Corporation to Have Different Types