The ownership of common stock in a corporation usually carries the following rights:
A. To vote for directors
B. To declare dividends
C. To share in a distribution of assets if the corporation is to be liquidated.
D. Both a and c.
Answer:D
The ownership of common stock in a corporation usually carries the following rights:
A. To vote for directors B. To declare dividends C. To share in a distribution of assets if the corporation is to be liquidated. D. Both a and c.