Companies can issue different classes of common shares. Which of the following statements concerning share classes is correct?
◦
All common shares, regardless of class, must follow the premise “one share, one vote.”
◦
All firms fall into one of three classes: A, B, or C.
◦
Some class or classes of common share may be entitled to more votes per share than other classes.
◦
All firms have dual-class common shares.