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5) If a corporation has only one class of stock, it is referred to as...

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Accounting

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5) If a corporation has only one class of stock, it is referred to as a. classless stock. b. preferred stock. c. solitary stock. d. common stock. 6) Stockholders of a corporation directly elect a. the president of the corporation. b. the board of directors. c. the treasurer of the corporation. d. all of the employees of the corporation

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