which if the following is not a legal right of stockholders? course hero

What are the legal rights of stockholders?

Common shareholders are granted six rights: voting power, ownership, the right to transfer ownership, dividends, the right to inspect corporate documents, and the right to sue for wrongful acts.

Which of the following is not one of the basic shareholders rights quizlet?

Which of the following is not one of the basic shareholders rights? The right to inspect the accounting records of the corporation. the use of the fair value method, but not the intrinsic value method. Which of the following is least likely to affect the retained earnings balance?

Which of the following is not a characteristic of a corporation *?

The correct option is d. a corporation's resources are limited to its individual owners' resources.

Which of the following are two major categories into which stockholders equity is generally classified?

Correct Answer: Option (d) earned capital and contributed capital is the correct answer.

Which of the following is not a basic right of a common stockholder?

Answer: What is this? Shareholders of common stock do not have the right to receive a minimum amount of dividends from the corporation.

Which of the following is a basic right of stockholders quizlet?

Which of the following is a basic right of stockholders? Stockholders may receive dividends from corporate earnings.

Which one of the following is not a role of accounting in business?

Accounting is not responsible for providing any form of information to users. That is the role of the Information Systems Department.

Which of the following is not a characteristic of a private company?

(D)' It prohibits any invitation to public to subscribe its security​' is not a characteristic feature of a Private Ltd. Company.

Which of the following is the most that a shareholder in a corporation can lose?

The most attractive feature of a corporation is limited liability, which means that the shareholders (owners) cannot be held personally liable for the debts and obligations of the corporation. Shareholders cannot lose any more than the amount they have invested in the company.

Which of the following is not a component of stockholders equity?

The correct answer is D. Noncontrolling Interest is not a component of shareholders' equity. Retained earnings, common stock, preferred stock, and accumulated other comprehensive income are components of shareholders' equity.

Which one of the following accounts is included in stockholders equity?

Key Takeaways Four components that are included in the shareholders' equity calculation are outstanding shares, additional paid-in capital, retained earnings, and treasury stock.

Which of the following are sources of shareholders equity quizlet?

The two basic sources of stockholders' equity are paid-in capital and retained earnings. Paid-in capital represents amounts received from stockholders in exchange for capital.

Which statement is true about creating a sole proprietorship quizlet?

Which statement is true about creating a sole proprietorship? No documentation is required to create a sole proprietorship. A sole proprietorship differs from a limited liability company (LLC) in: the documentation required for formation.

Which of the following are among the most important questions to be asked when a business is started?

Which of the following are among the most important questions to be asked when a business is started? How will everyday financial activities be handled? Where will long-term financing be obtained to pay for investments? What long-term investments should be made?

Which of the following are defining features of the primary market quizlet?

Which of the following are defining feature of the primary market? It is the market where initial public offerings are made.

What is a company whose stock is owned jointly by the shareholders?

Key Takeaways. A joint-stock company is a business owned collectively by its shareholders, who can buy or sell shares to one another. Joint-stock companies are the ancestors of the modern corporation, although there are legal differences.

When did institutional ownership of stock decline?

The proportion of institutional ownership of stock is the U.S. has declined slowly since the 1960's.

Why are directors important in corporate governance?

The directors of a company are a central factor in corporate governance because they: Exercise warm or legal authority over company policy. The Paramount duty of the Board of director of a public corporation is to: Select an oversea competent and ethical management to run the company.

What is the purpose of the Securities and Exchange Commission?

The mission of the Securities and Exchange Commission (SEC) is to: Protect shareholders rights by making sure that stock markets are run fairly. Reports filed with the SEC provide informational on the company's: Sales and earnings, depreciation by line of business, details of foreign operations. All of the above.

Who elects directors?

Shareholders elect the directors from a list of candidate.

Do shareholders own equal shares of a company?

They own equal shares of company assets.

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