you Types of the Exercise 13-3 Is each of the following statements true or false? For each false statement explain why a Ashareholder may bind obligate the corporation to contact The policy-making body incorporation is called the board of directors The owner of 100 preferred shares has greater voting than the owner of 100 Commons A company incorporated under the CC Ad must assign the proceeds of share issue to the capital account for that type of share All common shared and outstanding have equal voting rights. ance of common 12.00 perche' by $12.000 The stated value of shares the waged to the same by the companying them at the end A corporation issues its preferred in exchange for land and building with combined market value of $300.000 This rationes the corporation's swholders' equity by $200.000 gardless of the asset pricebook you Types of the Exercise 13-3 Is each of the following statements true or false? For each false statement explain why a Ashareholder may bind obligate the corporation to contact The policy-making body incorporation is called the board of directors The owner of 100 preferred shares has greater voting than the owner of 100 Commons A company incorporated under the CC Ad must assign the proceeds of share issue to the capital account for that type of share All common shared and outstanding have equal voting rights. ance of common 12.00 perche' by $12.000 The stated value of shares the waged to the same by the companying them at the end A corporation issues its preferred in exchange for land and building with combined market value of $300.000 This rationes the corporation's swholders' equity by $200.000 gardless of the asset pricebook