C is corrent because neither statement is true. The requirement is to indicate which of the statements are true regarding debt and equity securities. Debt security holders generally do not have an ownership interest in a corporation and debt security holders are not generally paid from net income of the corporation.
A is incorrect. The requirement is to indicate which of the statements are true regarding debt and equity securities. Debt security holders generally do not have an ownership interest in a corporation and debt security holders are not generally paid from net income of the corporation.
B is incorrect. The requirement is to indicate which of the statements are true regarding debt and equity securities. Debt security holders generally do not have an ownership interest in a corporation.
D is incorrect. The requirement is to indicate which of the statements are true regarding debt and equity securities. Debt security holders generally do not have an ownership interest in a corporation.
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