Which Statement Best Describes the Profit-Sharing Feature of Corporations

Multiple Choice

Which statement best describes the profit-sharing feature of corporations?

A) Shareholders are paid a pre-determined rate of return.
B) Shareholders are automatically entitled to a dividend if the business is profitable.
C) The decision of whether to declare dividends is controlled by the shareholders.
D) Shareholders are only entitled to dividends if they are declared by the directors.