The Most Basic Form of Ownership in a Corporation Is

question 177

Multiple Choice

The most basic form of ownership in a corporation is

• A) common stock.
• B) bonds.
• C) preferred stock.
• D) debentures.
• E) dividends.

---

Definitions:

Breach

The violation or failure to perform any term of a contract, agreement, or obligation either by action or failure to act.

Nonbreaching Party

The party in a contract that has not failed to fulfill any contractual obligations, as opposed to the party that has breached the contract.

Duty of Performance

An obligation of a party in a contract to complete the tasks, obligations, or services as agreed upon in the contract.

Uncertain Event

An event whose occurrence or outcome is not known or predictable with certainty, often associated with risk assessment.