Which One of the Following Is Not a Basic Right

question 136

Multiple Choice

Which one of the following is not a basic right of an owner of common share?

• A) Participation in the corporation by voting in shareholder meetings.
• B) Participation in the profits of the corporation through dividends declared by the board of directors.
• C) Sharing in the responsibility of setting next year's budget.
• D) Sharing in the distribution of assets of the corporation at liquidation.

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Definitions:

Policy Change

An adjustment or modification to the rules, guidelines, or principles that govern an organization, system, or society.

Product Recall

The process of retrieving defective or potentially unsafe goods from consumers, often due to safety concerns.

Performance Review

An assessment and discussion involving a manager and an employee regarding the latter's job performance and growth, often to determine promotions or raises.

Customs Overseas

The traditional practices, rules, and laws of a country other than one's own, especially as they relate to international travel or business.