Create an account
1. transfer ownership to others. 2. vote for members of the ruling body. 3. Receive profit. 4. buy new shares of stock in proportion to one's present investment.
What are the stockholders rights?
1. They are elected by stockholders. 2. They develop plans and policies to guide the corporation. 3. Successful-deal with policy issues. 4. Unsuccessful- they will step in and take control.
What are the directors rights?
President, Secretary, treasurer, Chief Executive Officer (CEO), and Chief Financial Officer (CFO)
What are the officer members?
True or False: People who hold few or no shares are occasionally elected for the board because they have valuable knowledge that is needed by the board of directors in making sound decisions.
Written authorization to vote in behalf of a person signing the proxy.
Their are meetings that everyone needs to attend, but If you can't attend you must present a proxy. What is a proxy?
1.Available sources of capital. 2. Limited liability of stockholders. 3. Permanency of existence. 4. Ease in transferring ownership.
Name 2 advantages of Corporations
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