Which of the following is true about shareholders?
A)Shareholders fully own a corporation.
B)Shareholders have a right of possession of a corporation.
C)Shareholder ownership is a social construction.
D)Shareholders have the right of control over a corporation.

Question

Quizplus · Accepted Answer

Shareholder ownership is considered a social construction because it is based on legal and societal norms and agreements that define what ownership means in the context of a corporation. Unlike physical ownership of an object, shareholder ownership in a corporation is abstract, representing a claim on a portion of the corporation's assets and earnings, as well as certain rights, such as voting on corporate matters.

Which of the Following Is True About Shareholders