Who really owns the corporation? the_________________?
Correct answer: B. stockholders
- A. Government
- B. stockholders
- C. banks
- D. founders
Explanation
Stockholders own a corporation because they hold its shares, which represent ownership claims and voting rights. Managers and directors operate or oversee the corporation but do not own it merely by holding those positions.
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About Microeconomics
Individual consumers, firms and markets are examined through demand and supply, elasticity, consumer choice, production, costs, revenue and the determination of prices and output. The topic also covers market structures such as perfect competition, monopoly and oligopoly, plus market failure, externalities and the distinction between microeconomic decisions and economy-wide outcomes.
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