Which of the following is TRUE?
A) The shareholder has an automatic right to a dividend if a profit is made by the corporation.
B) A shareholder has a right to share in the corporation's assets upon its winding up.
C) A shareholder is always entitled to one vote per one share owned.
D) A shareholder is entitled to use the assets of the company
E) Both A and C
Correct Answer:
Verified
Q18: What is the standard of care of
Q19: Which of the following falls within the
Q20: Which of the following statements most accurately
Q21: Which of the following is NOT considered
Q22: A bond is:
A)The equivalent of a charge
Q24: Dirk Davis purchases a piece of industrial
Q25: What is the right of a shareholder
Q26: Moe, Larry, and Carl form a corporation,
Q27: The most common document used to incorporate
Q28: The term that refers to the way
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents