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  • 08-11-2020
  • Law
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George owns 300 shares of preferred stock in a company. By owning preferred stock, George has:

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  • 09-11-2020

Answer:

Trey owns 250 shares of common stock in a toy-store company. This means that he owns a percentage of the company based on the proportion of shares he owns out of the total shares issued by the company. With this ownership he also acquires rights to: vote. George owns 300 shares of preferred stock in a company.

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