Multiple Choice
A share of stock in a corporation is
A) a guarantee to a fixed amount of income from the corporation.
B) a legal claim to a lump-sum payment at a specified point of time in the future.
C) a legal claim to a dividend, regardless of the corporation's ability to pay its interest payments.
D) a legal claim to a share of the company's future profits.
Correct Answer:
Verified
Correct Answer:
Verified
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