Asked by suleiman adegoke on May 07, 2024

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One who purchases corporate stock, or shares, and becomes an owner of the corporation is known as a

A) partner.
B) shareholder.
C) responsible billing partner.
D) sole proprietor.

Corporate Stock

Ownership units in a corporation, represented by shares that can be bought, sold, or traded.

Shareholder

An owner of shares in a company or corporation, giving them certain rights and potential financial benefits.

Corporation

A legal entity recognized by law as separate from its owners, with its own rights and liabilities.

  • Understand the significance and implications of being a shareholder in a law firm.
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Nurul AsyiqinMay 10, 2024
Final Answer :
B
Explanation :
A shareholder is someone who buys stock or shares in a corporation, thereby obtaining ownership interest in the company.