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All main topics / Law / International Law / LAW
32
Nick purchases 100 shares of common stock in Open Source Company. As a shareholder of record, Nick will own a proportionate interest with re­gard to corporate

a. control only.
b. earnings and net assets only.
c. control, earnings, and net assets.
d. none of the above
c. control, earnings, and net assets.

Begründung:
Common stock represents the true ownership of a corporation. It provides a proportionate interest in the corporation with regard to

1. control

2. earnings  and

3. net assets

Tags: Stocks
Source: p.111, 1. Absatstz nach Überschrift
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Flashcard info:
Author: Elisa
Main topic: Law
Topic: International Law
School / Univ.: Hanze Hogeschool
City: Groningen
Published: 14.02.2010

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