Which of the Following Is Not a Right of Stockholders

question 117

Multiple Choice

Which of the following is not a right of stockholders?

• A)To vote for directors and on key issues.
• B)To participate in dividends declared.
• C)To share in the distribution of assets if the corporation is liquidated.
• D)To select the Chief Executive Officer.

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Definitions:

Financial Account

A component of the balance of payments that records transactions involving financial assets and liabilities between residents of one country and the rest of the world.

Current Account

An element of a nation's financial transactions with the world that records the trading of goods and services, net profit from investments, and payments transferred.

Foreign Exchange Rates

The price of one currency in terms of another, determining how much of one currency can be exchanged for another in the foreign exchange market.

Nation'S Currency

The legal tender issued by a country's central bank or government, serving as the medium of exchange within the country.