Examlex
Which of the following statements is NOT true of a corporation?
Common Stock
A type of equity security that represents ownership in a corporation, giving the shareholder voting rights and a share in the company’s profits through dividends.
Dividends
Payments made by a corporation to its shareholder members, typically derived from the company's profits.
Basic Earnings
An indicator of a company's profitability, calculated before any deductions are made, representative of the raw financial performance.
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