All of the following are basic rights of a shareholder except:
A) the right to receive a proportionate part of any dividend
B) the right to maintain one's proportionate ownership in the corporation
C) the right to vote
D) the right to receive a proportionate share of any assets remaining before the corporation pays its liabilities in the event of liquidation

Question

Quizplus · Accepted Answer

The correct statement is that shareholders have the right to receive a proportionate share of any assets remaining after the corporation pays its liabilities in the event of liquidation, not before. This ensures that creditors and other liabilities are settled before any distribution of assets to shareholders.

All of the Following Are Basic Rights of a Shareholder