If a corporation issues only one class of stock,it is called:

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If a corporation issues only one class of stock, it is typically common stock. Common stock represents ownership in the company and entitles the shareholder to vote at shareholder meetings and receive dividends when issued by the company. Choice B, treasury stock, refers to stock that has been repurchased by the company and is held in its own treasury. Choice C, no-par stock, refers to stock that doesn't have a par value. Choice D, preferred stock, represents ownership in the company but generally does not carry voting rights and may have other preferences over common stock, such as preference in dividends or in the event of liquidation.

If a Corporation Issues Only One Class of Stock,it Is