1. Shares of companies are traded in stock markets. A) True B) False their principal and interest. 2. If the firm declares bankruptcy, firm will first pay A) Managers. B) Stockholders. C) Bondholders D) customers 3 . cannot be considered as stocks. A) Common stocks. C) Common and Preferred Stocks B) Preferred Stocks D) Corporate bonds 4. There are various classes of common stock such as type A, type B and so on. A) True B) False