All of the Following Are Basic Rights of a Shareholder

question 78

Multiple Choice

All of the following are basic rights of a shareholder except:

• A) the right to receive a proportionate part of any dividend
• B) the right to maintain one's proportionate ownership in the corporation
• C) the right to vote
• D) the right to receive a proportionate share of any assets remaining before the corporation pays its liabilities in the event of liquidation

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Definitions:

Foreign Trade

The exchange of goods, services, and capital between countries, crossing national borders.

Great Depression

A severe worldwide economic downturn that took place during the 1930s, leading to widespread unemployment and poverty.

Stock Market Speculation

The act of trading stocks, commodities, or other financial instruments with the aim of making profits from short-term fluctuations in their prices, often involving high risk.

Protective Tariffs

Tariffs imposed on imports to protect domestic industries from foreign competition by increasing the cost of imported goods.