Which of the Following Statements Is True of Shareholders in a Public

question 13

Multiple Choice

Which of the following statements is true of shareholders in a public stock company?

• A) They directly supervise and coordinate the manufacture of products and delivery of services.
• B) They are granted a charter of incorporation by the state and legally own company stock.
• C) They are the centerpiece of corporate governance.
• D) They are appointed by a board of directors to oversee the company's management.