An owner of a corporation is known as a:
A)limited partner.
B)shareholder.
C)director.
D)general partner.

Question

Quizplus · Accepted Answer

An owner of a corporation is known as a shareholder. They own a portion of the company through purchasing shares of stock. Limited partners and general partners are terms used in partnerships, not corporations. Directors are elected by shareholders to manage the companies but are not technically owners themselves.

An Owner of a Corporation Is Known as A