Which term describes the shareholders of a corporation, who have the right to vote on issues affecting the operation of the business?
A) employees
B) owners
C) creditors
D) buyers

Question

Quizplus · Accepted Answer

Shareholders are the owners of a corporation and have the right to vote on issues that affect the operation of the business. They can elect the board of directors and vote on important business decisions, such as mergers and acquisitions or changes to the company's bylaws. Employees are not typically shareholders and do not have the same voting rights as shareholders. Creditors are parties who lend money to the company and do not have voting rights. Buyers are individuals or organizations who purchase goods or services from the company and do not have ownership or voting rights.

Which Term Describes the Shareholders of a Corporation, Who Have