A corporation must give notice specifying the subjects to be discussed for a special meeting of shareholders

Supermart, Inc completed the following treasury stock transactions in 2016

Mar. 3 Purchased 1,800 shares of the company's $ 3 par value common stock as treasury stock, paying cash of $ 10 per share. Mar. 17 Sold 400 shares of the treasury stock for cash of $ 12 per share. Mar. 25 Sold 600 shares of the treasury stock for cash of $ 7 per share. (Assume the balance in Paid-In Capital from Treasury Stock Transactions on March 24 is $ 1,200.) Journalize these transactions. Explanations are not required. How will Supermart, Inc report treasury stock on its balance sheet as of December 31, 2016? What will be an ideal response

The privileges granted to owners that come with team ownership are called ______.

A. franchise rights B. territorial rights C. revenue sharing rights D. ownership committee rights