Stockholders' rights include ________.
A) the right to manage
B) the right to change personnel policy
C) the right to veto management's decisions
D) residual claim on all of a company's assets

Question

Quizplus · Accepted Answer

Stockholders have a residual claim on a company's assets, meaning they have the right to receive any remaining assets after all debts and other obligations have been paid in the event of liquidation. They do not have the right to manage the company or veto management's decisions, and while they can elect the board of directors, they cannot change personnel policy directly.

Stockholders' Rights Include ________