If a Company Offers More Than One Class of Stock

Multiple Choice

If a company offers more than one class of stock, corporate governance experts feel that _____.

A) this is more democratic since some shares are more expensive than others
B) this is preferable in order to provide a special class of nonvoting stock to executives
C) super-voting power allows for the election of directors that benefit a specific class of stock
D) decisions made by the dual class system are more advantageous for the average investor