Peters owned 500 shares of common stock in Kidsmart, Inc. Accordingly, Peters had the right to
A. Automatically receive a dividend in any quarter in which the corporation made a profit.
B. Inspect the corporate records on demand.
C. Vote for the election and removal of the board of directors.
D. Vote for and remove the corporate officers and set their compensation.
Answer: C. Vote for the election and removal of the board of directors.
Business
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