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Javier Is the Shareholder of a Cellphone Manufacturing Company

Question 62

Multiple Choice

Javier is the shareholder of a cellphone manufacturing company. Which of the following statements about him is true?


A) He does not have any claim to the residual earnings of the company.
B) He is the only person entitled to receive the profits of the company.
C) He is protected from being taken advantage of by the management team due to his oversight rights.
D) He is not able to exchange money with the corporation without a clearly specified payment in return.

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