A basic legal principle involving shareholders is that:
A) an ownership interest in a company does not confer a legal right to manage the business.
B) the board of directors cannot elect the principal owner as CEO.
C) all dividends are non-taxable.
D) shareholders cannot buy new shares until it is offered for public sale.
Correct Answer:
Verified
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A)A business
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A)is difficult to transfer.
B)is
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A)be detailed.
B)be in accord
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