The residual interest in a corporation belongs to the
A)management.
B)creditors.
C)ordinary shareholders.
D)preference shareholders.

Name: The residual interest in a corporation belongs to the A)management. B)creditors. C)ordinary shareholders. D)preference shareholders.
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Question

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Ordinary shareholders hold the residual interest in a corporation, meaning they are entitled to the remaining assets after all liabilities and other claims, such as those of creditors and preference shareholders, have been satisfied.

The Residual Interest in a Corporation Belongs to the