Which of the following statements regarding stocks and their terms is FALSE A Common stockholders have the highest priority claim in the event of bankruptcy B Stockholders hare residual claimants C Stockholders have limited liability D Stockholders are the legal owners of a corporation

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Which of the following statements regarding stocks and their terms is FALSE? A. Common stockholders have the highest priority claim in the event of bankruptcy.

Which of the following statements regarding stocks and their terms is FALSE?

	A.	Common stockholders have the highest priority claim in the event of bankruptcy.
	B.	Stockholders hare residual claimants.
	C.	Stockholders have limited liability.
	D.	Stockholders are the legal owners of a corporation.

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