If a corporation issues only one class of shares, it must be:
A) par value
B) common
C) preferred
D) common or preferred

Question

Quizplus · Accepted Answer

If a corporation issues only one class of shares, it must be common. Common stock represents ownership in the company and entitles the holder to participate in the company's profits through dividends and to vote on important corporate matters such as the election of board members.

If a Corporation Issues Only One Class of Shares, It