Investorowned corporations are limited by law to issuing onl

Investor-owned corporations are limited by law to issuing only one type of common stock.

Solution

it is not necessary that Investor-owned corporations are limited by law to issuing only one type of common stock. a investor owned comapny also can issue classified stock, class A and Class B. The difference between each class of stock is thir voting right. Some class of stock has more than 1 voting righ.

Statement is false.