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Which of the Following Is Correct with Regard to Common

Question 60

Multiple Choice

Which of the following is correct with regard to common stock?


A) The Revised Act has eliminated the terms "preferred" and "common."
B) Common stock does not have any special contract rights or preferences.
C) Common stock generally bears the greatest risk of loss in the event of the failure of the enterprise.
D) All of these are correct with regard to common stock.

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