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The owners of a corporation are its shareholders. If a corporation has only one class of shares, they typically are labeled common shares. Each of

image text in transcribed The owners of a corporation are its shareholders. If a corporation has only one class of shares, they typically are labeled common shares. Each of the following are ownership rights held by common shareholders, unless specifically withheld by agreement, except the right to: Multiple Choice vote on policy issues. share in profits when dividends are declared (in proportion to the percentage of shares owned by the shareholder). dividends equal to a stated rate times par per share (if dividends are paid). share in the distribution of any assets remaining at liquidation after other claims are satisfied

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