American_Bankers_Association
CTFA · Question #308
Dual classes of are common in new ventures where promotional usually goes to the founders.
The correct answer is C. Common stock; common stock. See the full explanation below for the reasoning.
Question
Dual classes of are common in new ventures where promotional usually goes to the founders.
Options
- ABonds; bonds
- BPreferred stock; preferred stock
- CCommon stock; common stock
- DWarrants; warrants
How the community answered
(37 responses)- A3% (1)
- B8% (3)
- C76% (28)
- D14% (5)
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