Question: We discussed in class that C-corporations can have different classes of stock, and that certain rights attach to different kinds of stock. Some shares of

We discussed in class that C-corporations can have different classes of stock, and that certain rights attach to different kinds of stock. Some shares of stock have a higher claim on a companys assets and earnings, and get paid out before other kinds of stock. This kind of stock is commonly known as ___________________stock.

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