Answer the following questions about the characteristics of a corporation's shares: 1. Who are the real owners

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Answer the following questions about the characteristics of a corporation's shares:

1. Who are the real owners of a corporation?

2. What privileges do preferred shareholders have over common shareholders?

3. Which class of shareholders reaps greater benefits from a highly profitable corporation? Explain.

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Financial Accounting

ISBN: 9780135433065

7th Canadian Edition

Authors: Walter Harrison, Wendy Tietz, C. Thomas, Greg Berberich, Catherine Seguin

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