True/False Questions Mark the following statements either T (True) or F (False). 1. Equity securities include bonds. 2. Common shares are entitled to dividends only after shares with a dividend preference are paid. 3. A corporation may have more than one class of common stock. 4. Redemption of a class of stock may be mandatory and total. 5. The RMBCA places a percent limit on the number of shares of various classes of stock that may be authorized. 6. The difference between par value and no par value stock is that the amount of par value stock is stated in the articles of incorporation, while no par shares have no par value stated in the articles of incorporation. 7. Treasury stock may not be sold for less than its par value