Final answer:
A company can have multiple classes of common stock that have different voting rights.
Step-by-step explanation:
A company can have multiple classes of common stock that have different voting rights, so the statement is true.
For example, a company may issue Class A and Class B common stock, with Class A stockholders having more voting rights than Class B stockholders. This means that Class A stockholders will have a greater influence on the company's board of directors and decision-making process.