Mexican corporations can issue three types of stock-Series A, Series B, and Series N.Series A stock can only be owned by Mexican nationals.These shares must constitute at least what percentage of corporate voting rights?
A)51%
B)49%
C)25%
D)10%

Question

Quizplus · Accepted Answer

Series A stock can only be owned by Mexican nationals and must constitute at least 51% of corporate voting rights. This is mandated by Mexican law in order to protect Mexican ownership and control of Mexican corporations. Therefore, choice A is the correct answer.

Mexican Corporations Can Issue Three Types of Stock-Series A, Series