ernanderAmyhoc
ernanderAmyhoc ernanderAmyhoc
  • 20-06-2016
  • Business
contestada

The cumulative feature of stock allows the firm to eliminate a class of stock by paying the stockholders a specified amount.
a. True
b. False

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Hagrid
Hagrid Hagrid
  • 26-06-2016
The statement that is shown above is TRUE. The cumulative feature of stock allows the firm to eliminate a class of stock by paying the stockholders a specified amount. It is true as far as the cumulative feature of stock  is concerned regarding in eliminating a class of stock.
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