An ownership interest automatically confers a right to act for or to share in the management of a corporation.

Name: An ownership interest automatically confers a right to act for or to share in the management of a corporation.
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Question

Quizplus · Accepted Answer

Ownership interest does not automatically confer a right to act for or share in the management of a corporation. This right must be granted through the corporation's bylaws or through a shareholder agreement.

An Ownership Interest Automatically Confers a Right to Act for or to Share