Ownership of shares usually entitles the holders to all of the following rights except:
A)To elect the board of directors of the corporation.
B)To share in the profits of the corporation.
C)To control the day-to-day operations of the corporation.
D)To purchase new shares when they are offered for sale.

Question

Quizplus · Accepted Answer

Ownership of shares typically includes the right to elect the board of directors, share in profits, and purchase new shares, but it does not grant the right to control day-to-day operations, which is usually the responsibility of the company's management.

Ownership of Shares Usually Entitles the Holders to All of the Following