Corporate shareholders:
A)are proportionately liable for the firm's debts.
B)are protected from all financial losses.
C)have the ability to change the corporation's bylaws.
D)receive tax-free distributions since all profits are taxed at the corporate level.
E)have basically no control over the actual corporation.

Question

Quizplus · Accepted Answer

Shareholders have the ability to vote on certain matters, including changes to the corporation's bylaws, typically during annual meetings.

Corporate Shareholders