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Jade is a stockholder in the Reley Corporation. She has voted in all of the board elections and received regular dividends from her stock. Recently,
Jade is a stockholder in the Reley Corporation. She has voted in all of the board elections and received regular dividends from her stock. Recently, she has been asked to purchase a large amount of inventory for the company. As a stockholder, will this be possible? Select answer from the options below No, she would need to give up her stockholder status in order to take such a direct role in the monetary accounts of the company. Yes, but she will first need to be made an agent of the corporation, otherwise she would have no rights to purchase the inventory. No, as a stockholder she cannot purchase inventory; in order to do that, she would need to be an employee. Yes, she will just need to get permission from the owners of the corporation, at which point she can purchase the inventory
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