<span>a. Federal Reserve District. </span> It is a type of security that the corporation issues to raise money for capital or operating expenses. Stocks, issued to investors, signify ownership in a corporation and represent a claim on part of the corporation's<span> assets and earnings.
There are two main types of </span>stock. These<span> are common stock and preferred stock.
Common Stocks are </span><span>shares entitling their holder to dividends that vary in amount and may even be missed, depending on the fortunes of the company.
Preferred Stocks are shares </span><span>that entitle the holders to fixed dividends, whose payments take priority over that of common-stock dividends. </span>
This is true. The word that is used in the UN charter to refer to them is "recommendations', and they are in fact not binding, but more like suggestions.
