Ownership is equivalent to:
A)being the largest customer of a firm by far.
B)being an employee in a firm.
C)holding moral rights.
D)having residual claims in the firm.

Question

Quizplus · Accepted Answer

Ownership refers to having residual claims in a firm, which means having the right to the remaining profits of a company after all other expenses and obligations have been paid off. This is typically associated with owning shares or stock in the company. Being the largest customer or an employee in a firm does not necessarily imply ownership, and holding moral rights may be a component of ownership but does not fully encompass its meaning.

Ownership Is Equivalent To