In a corporate setting, the “shares of stock” represent --- Ownership of the corporation over its assets. Ownership of interest of the stockholders over the assets of the corporation. Co-ownership rights of all the stockholders over the assets of the corporation. Ownership interest of the stockholder over the corporate enterprise.

In a corporate setting, the “shares of stock” represent --- Ownership of the corporation over its assets. Ownership of interest of the stockholders over the assets of the corporation. Co-ownership rights of all the stockholders over the assets of the corporation. Ownership interest of the stockholder over the corporate enterprise.

SWFT Comprehensive Vol 2020

43rd Edition

ISBN:9780357391723

Author:Maloney

Publisher:Maloney

Chapter18: Corporations: Organization And Capital Structure

Section: Chapter Questions

Problem 11DQ

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Characteristics of a corporation include a.shareholders who are mutual agents b.direct management by the shareholders (owners) c.shareholders who have limited liability d.its inability to own property
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Which of the following is not a characteristic of a corporation? a.Corporations experience an ease in obtaining large amounts of resources by issuing stock. b.A corporation's resources are limited to its individual owners' resources. c.Ownership is divided into shares of stock. d.Corporations are organized as a separate legal taxable entity.
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It refers to the natural right of stockholders to subscribe to all issues or disposition of shares of any class in proportion to their present shareholdings in order to preserve the ownership interests in the corporation.