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l4) Alligood Corporation has two classes of common stock outstanding. The Class A and Class B common stock give the shareholders identical rights and interests

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l4) 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 A) not make the S election due to different voting rights. B) make the S election once the Class B is retired. C) make the S election at any time. D) not make the S election due to two classes of stock

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