The Owners of a Corporation Are Its Shareholders

Multiple Choice

The owners of a corporation are its shareholders. If a corporation has only one class of shares, they typically are labeled common shares. Each of the following are ownership rights held by common shareholders, unless specifically withheld by agreement, except:

A) The right to vote on policy issues.
B) The right to share in profits when dividends are declared (in proportion to the percentage of shares owned by the shareholder) .
C) The right to dividends equal to a stated rate time par (if dividends are paid) .
D) The right to share in the distribution of any assets remaining at liquidation after other claims are satisfied.