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In a corporate organization, the stockholders: (1 Point) A.have the right to surrender preferred stock to the corporation at any time for a payment equal
In a corporate organization, the stockholders: (1 Point)
A.have the right to surrender preferred stock to the corporation at any time for a payment equal to the par value of the stock.
B.must pay federal income tax on their proportional shares of profits reported by the corporation.
C.are entitled to a proportionate share of dividends declared on their classes of stock.
D. hire the corporate officers.
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