Which of the Following Statements Reflects the Transferability of Ownership

question 109

Multiple Choice

Which of the following statements reflects the transferability of ownership rights in a corporation?

• A) If a shareholder decides to transfer ownership, he must transfer all of his shares.
• B) A shareholder may dispose of part or all of his shares.
• C) A shareholder must obtain permission from the board of directors before selling shares.
• D) A shareholder must obtain permission from at least three other shareholders before selling shares.

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Definitions:

Negative Consequence

An unfavorable result or effect that occurs as a result of an action or decision.

Performance Evaluations

A review and assessment process where an employee's work performance is evaluated against predefined criteria or objectives.

Customer Relations

The management of interactions and relationships between a business and its customers to improve satisfaction and loyalty.

Motivated Behavior

Actions that are driven by internal or external forces aimed at achieving a particular goal or satisfying a need.