Stockholders, by virtue of their investment in a corporation, have the right to act as its agent.

Name: Stockholders, by virtue of their investment in a corporation, have the right to act as its agent.
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Question

Stockholders, by virtue of their investment in a corporation, have the right to act as its agent. ​

Quizplus · Accepted Answer

Stockholders own shares in a corporation, giving them ownership interests and certain rights like voting on major issues, but they do not act as agents for the corporation. The board of directors and appointed officers typically have the authority to act on behalf of the corporation.

Stockholders, by Virtue of Their Investment in a Corporation, Have