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The Owner of Each Share of a Corporation's Stock

Question 44

Multiple Choice

The owner of each share of a corporation's stock:


A) has the right to cast one vote for electing its board of directors.
B) is entitled to 1 percent of the total profit earned by the firm.
C) has the right to participate in its overall supervision.
D) is liable for 1 percent of the total loss incurred by the company.

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