If a person owns 51 percent of the common stock in a corporation,
a. that person receives all of the corporation's profits
b. that person is the only one allowed to vote at shareholder meetings
c. that person loses the protection of limited liability
d. that person can effectively control the business
e. the corporation now becomes a sole proprietorship
D
Economics
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Economic growth occurs because
A) labor forces grow. B) capital stocks grow. C) new inventions raise productivity. D) All of the above.
Economics
According to the Taylor rule, if output is above its full-employment level and inflation is less than 2%
A) the Fed should raise the Fed funds rate above 4%. B) the Fed should reduce the Fed funds rate below 4%. C) the Fed should make the Fed funds rate exactly 4%. D) what the Fed should do is ambiguous.
Economics