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Which of the following statements is false? Select one: A. Common stockholders have a residual claim on assets in the event of liquidation. B. Common

Which of the following statements is false?

Select one:

A.

Common stockholders have a residual claim on assets in the event of liquidation.

B.

Common stockholders have voting rights at annual stockholder meetings.

C.

Shares of stock held in the treasury are subtracted from the number of issued shares in the determination of the number of outstanding shares.

D.

Corporations are governed by their stockholders.

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