There are two typical ways to alter the one vote-one share standard. One way is ________
A) to have companies buy back nonvoting common stock
B) to not have companies pay dividends
C) to have companies issue classes of stock whereby one or more classes have super voting rights
D) to not have companies issue bonds
Answer: C
Explanation: C) There are two typical ways to alter the one vote-one share standard. First, companies may issue nonvoting common stock. Often these nonvoting rights are temporary and thus can alter the one vote-one share standard; however, these shares turn into fully participating shares after a period of time. Second, companies may issue classes of stock whereby one or more classes have super voting rights. Shareholders with super voting rights have multiple votes per share—a fact that increases their influence and control over the company.
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