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.

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Definitions:

Sulfa Drugs

A group of synthetic antibacterial agents that contain the sulfonamide group and are used to treat bacterial infections.

Folic Acid

A B-vitamin that is essential in cell growth and development, critical for pregnant women to prevent neural tube defects in the fetus.

Cell Walls

Rigid or semi-rigid structures surrounding the cell membrane of plants, fungi, and certain bacteria, providing support and protection.

Organic Chemicals

Compounds mainly composed of carbon atoms, along with hydrogen, oxygen, nitrogen, and other elements, found in living organisms.