One motive for issuing classified stock with different voting rights is to 17) A) increase the market value of the company. B) facilitate the issue of additional shares in the future. C) avoid SEC reporting requirements. D) allow the company’s founders to retain control of the company.

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One motive for issuing classified stock with different voting rights is to 17) A) increase the market value of the company. B) facilitate the issue of additional shares in the future. C) avoid SEC reporting requirements. D) allow the company’s founders to retain control of the company.

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