Attempts:0 Keep the Highest: 1/2 2. Types of common stock Aa Aa True or False: In some cases, individuals who start a business have special voting rights that help them exercise more control over the firm. They own a special class of stock called founders' shares. False True Consider this case: Mario Hathaway is a majority shareholder of Wizard Inc. He owns Class A shares, with larger-than-proportionate voting rights, of Wizard Inc Based on this example, which of the following statements is true? O Classified shares are not issued with the purpose of providing super-voting rights to a certain class of investors Classified shares are issued to provide super-voting rights to a certain class of investors