Examlex
Which of the following is true?
Legal Entity
An organization that has legal rights and obligations, including the ability to enter into contracts and own assets, separately from its owners.
Public Corporation
A type of company that issues shares of stock that are publicly traded on one or more stock exchanges.
Common Stock
A type of equity security that represents ownership in a corporation, with certain rights such as voting rights and receiving dividends.
Preference Rights
Rights giving certain shareholders or bondholders a priority claim over assets or earnings, typically in the event of liquidation or dividend distribution.
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