Asked by Zainab Batool on Apr 28, 2024
Verified
Megan purchases corporate shares in ArticFun, Inc. Megan is a(n)
A) director.
B) officer.
C) shareholder.
D) client.
Corporate Shares
Units of ownership interest in a corporation that entitle the shareholder to a portion of the company's profits.
Shareholder
An individual or entity that owns shares in a corporation, thus holding a portion of the company's equity and possibly influencing its governance.
- Identify the entitlements and duties of shareholders, directors, and officers in a corporate entity.
Verified Answer
CV
Cesar VargasMay 02, 2024
Final Answer :
C
Explanation :
Purchasing corporate shares in a company makes Megan a shareholder, as shareholders are the individuals or entities that own one or more shares of stock in a corporation.
Learning Objectives
- Identify the entitlements and duties of shareholders, directors, and officers in a corporate entity.
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