Different classes of stocks are usually issued in order to:
I.maintain ownership control,by holding the class of stock with greater voting rights;
II.pay less dividends to different classes of stock;
III.extract perquisites without the other class of stockholders knowing
A)I only
B)II only
C)III only
D)I and II only

Question

Quizplus · Accepted Answer

Different classes of stocks are often issued to maintain ownership control by allowing certain classes to have greater voting rights, as stated in option I. Options II and III are not typical reasons for issuing different classes of stocks.

Different Classes of Stocks Are Usually Issued in Order To