Membership in a corporation is based on the ownership of one or more shares of stock of the corporation.

Question

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Membership in a corporation is based on the ownership of one or more shares of stock of the corporation. Each share of stock represents a portion of ownership in the corporation and entitles the shareholder to certain rights and privileges, such as the right to vote on major corporate decisions and the right to receive a portion of the corporation's profits in the form of dividends.

Membership in a Corporation Is Based on the Ownership of One