Owners of Common Stock Have the Right to Vote on Key

question 55

True/False

Owners of common stock have the right to vote on key corporate issues and have the last claim to the profits of a company.

---

Definitions:

M'Naghten Standard

A legal standard used to determine if a defendant was insane at the time of committing a crime, focusing on the ability to understand right from wrong.

Actus Reus

In Canadian criminal law, the prohibited physical act that, together with the mens rea, defines a criminal offence.

Mens Rea

In Canadian criminal law, the guilty mind or bad intent that, together with the actus reus, defines a criminal offence.