Of the following, the more precise description of a share of stock is
A) An indication of an obligation
B) A form of unsecured debt
C) An evidence of ownership
D) A kind of security

Question

Quizplus · Accepted Answer

A share of stock is an evidence of ownership in a corporation, representing a portion of the company's equity. It does not indicate an obligation, form of debt, or type of security in the same way.

Of the Following, the More Precise Description of a Share