Which of the following statements regarding the features of debt and equity is most likely correct?

		Even if I only invest in one bond issued by James Bonding & Co., I am a owner of the company.
		As a stock investor in JJ & JJ Co., I have the rights to elect directors, who monitor managers. I would also have the rights to vote on important corporate matters such as divesting a big division of the company.
		When Amazon raises new equity, the managers could issue stocks to local banks or the public debt market. Because local banks know better about the company than the general public, they as equity investors may have stronger cash flow rights than other investors, including the debt investors and the equity investors who bought Amazon stocks from the public equity market.
		For equity investors of a corporation, they could lose more than they have invested (in the corporation) when the company goes bankrupt, because the debt holders may ask them to pay for the company's debt.

Harry invests in corporate bonds issued by Jeeber Sis & Co., and Sally invests in corporate equity issued by Jeeber Sis & Co.. Suppose now Harry met Sally. While both Harry and Sally are investing in the same company Jeeber Sis & Co., the risks they bear and the returns they expect to earn can be very different.

- True

- False