Which of the Following Is True of Stockholders

question 115

Multiple Choice

Which of the following is true of stockholders?

• A)Stockholders have a right to access confidential information about the business before the information is disseminated to the public.
• B)Stockholders can claim a portion of the corporate assets after the corporation pays it debts in the event the company is liquidated.
• C)Stockholders may authorize a business contract on behalf of the corporation.
• D)Stockholders may determine at what price the company issues stock.

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