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Which of the following statements concerning common shares is TRUE? Select one: a. All common shares must have the same rights to dividends, votes, and

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Which of the following statements concerning common shares is TRUE? Select one: a. All common shares must have the same rights to dividends, votes, and receive property on liquidation b. Dual class shares may give one class of shares more votes per share than the other classes. OC. A proxy" gives a shareholder the right to purchase additional shares issued by the company in proportion to their share holdings before it is offered to outsiders O d. A "preemptive right allows a shareholder to transfer to someone else his right to vote for the Board of Directors Question 2 Not yet answered Marked out of 4.00 Flag question Match the type of preferred shares to the statements 4 Holders can have their shares repurchased by the company at their par value Choose... Holders are entitled to share in dividends in excess of the stated rate. Choose... Holders can exchange their shares for common shares at a predetermined rate Choose... Holders lose their right to the current year's dividends if company does not pay it Choose... . . . Question 3 Not yet answered Marked out of 2.00 Flag question An advantage to issuing preferred shares is that they generally do not have a right to vote. Select one: True False

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