Who Owns a Corporation

question 114

Multiple Choice

Who owns a corporation?

• A)its employees
• B)its board of directors
• C)its president
• D)its board of directors and major stockholders
• E)everyone who owns a share of stock in the corporation

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Definitions:

Buffet Restaurants

Restaurants that offer a variety of foods displayed on a buffet table, allowing customers to serve themselves a wide range of dishes for a fixed price.

Value Loss

The decrease in the worth or price of an asset or a commodity in the market over time.

Cash Gift-giving

The practice of giving money as a present to someone during special occasions or cultural events.

Noncash

Noncash pertains to transactions, rewards, or benefits that do not involve the direct exchange of money, such as stock options, services, or goods.