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for this Question 21 2 pts Alligood Corporation has two classes of common stock outstanding. The Class A and Class B common stock give the

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Question 21 2 pts Alligood Corporation has two classes of common stock outstanding. The Class A and Class B common stock give the shareholders identical rights and interests in the prots and assets of the corporation. Class A stock has one vote per share. Class B stock is nonvoting. Alligood Corporation may not make the 5 election due to different voting rights. make the 5 election once the Class B is retired make the 5 election at any time, not make the 5 election due to two classes of stock. Question 22 2 pts For an S corporation to elect to use a scal year other than a permitted year, the scal year elected must have a maximum deferral period of one month, ' two months. ' three months. six months

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