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Question
Eve and Fred are holders of common stock in Green Grocers, Inc. (GGI). Like other holders of common stock, they may be said to have a residual position in the overall financial structure of GGI, because theya. are entitled to a dividend not received by other classes of shareholders.
b. are the last to receive payment for their investment.
c. have priority to GGI's assets if GGI becomes insolvent.
d. reside in the state of GGI's incorporation.
Answer
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