Blair and Chanel are holders of common stock in Discount Retail Stores, Inc. Like other holders of common stock, they have a residual position in the overall financial structure of Discount Retail, because theya. ​reside in the state of the firm’s incorporation.b. ​have priority to the firm’s assets if it becomes insolvent.c. ​are guaranteed to receive more than the amount of their investment.d. ​are the last to receive returns for their investment.