Lucia has acquired one share of common stock of a multimillion-dollar corporation with more than 500,000 shareholders.

Question:

Lucia has acquired one share of of a multimillion-dollar with more than 500,000 shareholders. Lucia’s ownership is so small that she is wondering what her rights are as a shareholder. For example, she wants to know whether owning this one share entitles her to
(1) Attend and vote at shareholders’ meetings
(2) Inspect the corporate books
(3) Receive yearly dividends. Discuss Lucia’s rights in these three matters

Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on... Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...