Ownership of a share does not give the owner or holder any right to use the assets of the corporation or any right to directly control or manage the corporation.

Question

Quizplus · Accepted Answer

Ownership of a share in a corporation gives the shareholder a claim to a portion of the corporation's profits and assets through dividends and stock appreciation, but it does not grant the right to use the corporation's assets directly or control its day-to-day operations. Control and management are typically exercised through voting for the board of directors, who then oversee the corporation's management.

Ownership of a Share Does Not Give the Owner or Holder