Question

which of the following is true about corporate ownership?stockholders are unable to share their voting rights with other people.each us state has the same tax guidelines for creating corporations.all corporations are publicly owned through publicly traded shares.a corporation is owned by any person who purchases its stock.

Answer 1

A corporation is a business owned by shareholders with limited liability for the company's debt. Stock represents ownership and is divided into shares. Large firms have multiple shareholders with small slices of ownership.

Step-by-step explanation:

A corporation is a business that incorporates and is owned by shareholders who have limited liability for the company's debt but share in its profits and losses. Corporations may be private or public, and may or may not have publicly traded stock. They may raise funds by selling stock or issuing bonds.

Those who buy the stock become the firm's owners, or shareholders. The stock represents ownership of the firm, and the ownership is divided into shares. In large and well-known firms, no individual owns a majority of the shares, rather, large numbers of shareholders own small slices of the overall ownership.

Answer 2

A corporation is owned by shareholders who purchase its stock, which represents ownership of the firm. Stock is divided into shares, and each shareholder has only a small slice of the overall ownership of the company.

Step-by-step explanation:

A corporation is a business that "incorporates"; that is owned by shareholders that have limited liability for the company's debt but share in its profits (and losses). Corporations may be private or public, and may or may not have publicly traded stock. They may raise funds to finance their operations or new investments by raising capital through selling stock or issuing bonds.

When people purchase a corporation's stock, they become the owners, or shareholders, of the firm. Stock represents ownership of a firm; that is, a person who owns 100% of a company's stock, by definition, owns the entire company. The stock of a company is divided into shares, and large numbers of shareholders each have only a small slice of the overall ownership of the firm.