What stock represents ownership and enjoys certain preferences than ordinary stock? Options: A . &nbspAuthorized stock B . &nbspPreferred stock C . &nbspIncorporator’s stock D . &nbspPresidential stock

What stock represents ownership and enjoys certain preferences than ordinary sto

Question

What stock represents ownership and enjoys certain preferences than ordinary stock?

Options:

A . Authorized stock

B . Preferred stock

C . Incorporator’s stock

D . Presidential stock

Answer: Option B

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