Q565
Firm in which different voting rights are assigned for different classes of stock is classified as
A.
divided class firm
B.
sub class firm
C.
dual class firm
AnswerD.
One class firm
Answer: Option C
Solution
Answer: Option C
Solution:
Firm in which different voting rights are assigned for different classes of stock is classified as dual class firm. Dual-class ownership is a type of common stock offering in which companies issue shares that have differing rights.