© 2000 John Petroff

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3)- Classes of stock

When a company wants to differentiate between stock owned by founders and stock owned by outsiders, it may issue different classes of stock. Stock A may have voting rights, whereas Stock B has all ordinary rights of a shareholder except voting.

See review question Q-12B3.1.

See research assignment R-12B3.1.

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Last modified: Jun/01/01

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