Owning shares gives the shareholder control of the corporation but no rights to the assets of the corporation upon dissolution.

Name: Owning shares gives the shareholder control of the corporation but no rights to the assets of the corporation upon dissolution.
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Question

Quizplus · Accepted Answer

Owning shares gives the shareholder a claim on assets and earnings of the corporation, including rights to assets upon dissolution, after debts and obligations to creditors have been satisfied.

Owning Shares Gives the Shareholder Control of the Corporation but No