Ask Question
17 November, 10:31

Which of the following statements reflects the transferability of ownership rights in a corporation? A) If a stockholder decides to transfer ownership, he must transfer all of his shares. B) A stockholder may dispose of part or all of his shares. C) A stockholder must obtain permission from the board of directors before selling shares. D) A stockholder must obtain permission from at least three other stockholders before selling shares.

+3
Answers (1)
  1. 17 November, 10:39
    0
    B) A stockholder may dispose of part or all of his shares.

    Explanation:

    A corporation is a type of business that acts as a separate legal entity and its owners have stocks and they are known as stockholders. A stockholder can transfer his/her stocks freely unless there is any kind of restriction in the articles of incorporation. According to this, the answer is that a stockholder may dispose of part or all of his shares.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Which of the following statements reflects the transferability of ownership rights in a corporation? A) If a stockholder decides to ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers