A Share of Stock in a Corporation Is

question 385

Multiple Choice

A share of stock in a corporation is

• A) a guarantee to a fixed amount of income from the corporation.
• B) a legal claim to a lump-sum payment at a specified point of time in the future.
• C) a legal claim to a dividend, regardless of the corporation's ability to pay its interest payments.
• D) a legal claim to a share of the company's future profits.