Marie recently purchased 100 shares of stock in the McBun Development Corporation.Marie has become a(n)_____________ of McBun Development.
A)owner
B)manager
C)creditor
D)partner

Question

Quizplus · Accepted Answer

By purchasing 100 shares of stock, Marie has become an owner (shareholder) of McBun Development Corporation, entitling her to a portion of the company's profits and voting rights. A manager would be someone who is employed by the company to oversee its operations, a creditor would be a party to whom the company owes debt, and a partner would imply some form of joint ownership or responsibility, which is not the case with stock ownership.

Marie Recently Purchased 100 Shares of Stock in the McBun