A stakeholder is:
A) any person or entity that owns shares of stock of a corporation.
B) any person or entity that has voting rights based on stock ownership of a corporation.
C) a person who initially started a firm and currently has management control over the cash flows of the firm due to his/her current ownership of company stock.
D) a creditor to whom the firm currently owes money and who consequently has a claim on the cash flows of the firm.
E) any person or entity other than a stockholder or creditor who potentially has a claim on the cash flows of the firm.
Correct Answer:
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