Common stock : These are the ordinary shares that a corporation issues to the investors in order to raise funds. In return, the investors receives a share of profit from the profits earned by the corporation. To indicate: The basic ownership rights of common stockholders in the absence of restrictive provisions.

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Chapter 18, Problem 18.7Q

To determine

Common stock: These are the ordinary shares that a corporation issues to the investors in order to raise funds. In return, the investors receives a share of profit from the profits earned by the corporation.

To indicate: The basic ownership rights of common stockholders in the absence of restrictive provisions.

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