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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

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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 ca led founders' shares. True False Consider this case: Mano Hathaway is a majority shareholder of wizard Inc. He owns Cass A shares, with larger-than-proportionate voting nghts, of Wizard Inc. Based on this example, which of the following statements is true? Classified shares are issued to provide super-voting rights to a certain class of Investors. Classified shares are not issued with the purpose of providing super-voting rights to a certain class of Investors

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