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Which of the following is true of the issuance of nonvoting common stock? Select one: O a. It helps the corporation to raise capital through

Which of the following is true of the issuance of nonvoting common stock? Select one: O a. It helps the corporation to raise capital through the sale of common stock, without giving up its voting control. O b. It is issued in the event of a hostile takeover to preserve the interests of existing owners. c. It tends to result in the dilution of voting rights of current stockholders. O d. It helps the existing stockholders to automatically transfer their voting rights to new stockholders without any legal proceeding.

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