All of the Following Are True About the Issuance of Non-Voting

Multiple Choice

All of the following are true about the issuance of non-voting common stock EXCEPT

A) it has been issued as a defense against an unfriendly takeover.
B) it has been issued when the corporation wishes to raise capital through the sale of common stock, but does not want to relinquish its voting control.
C) it tends to result in unequal voting rights among the shareholders.
D) it tends to result in the dilution of voting rights of current stockholders.