Question

Which of the following is not a right of the shareholder
of a corporation?
Right to inspect the books and records,
Right to share in dividends if declared
Right to determine the mission of the corporation
The right to sue on behalf of the corporation if the officers
and directors fail to uphold corporate rights.​

Answer 1

Answer:

The answer is they cannot share the dividends if declared

Answer 2

The correct answer is OPTION Right to determine the mission of the corporation.

Common Stockholders' Basic Rights

• The power to vote on key issues Voting power is demonstrated by the ability to elect directors and propose major company changes such as mergers or dissolution.
• Voting occurs at the annual meeting.
• If a shareholder is unable to attend the meeting, he or she can vote by proxy or by mail.
• A monetary donation to the company.
• When a firm succeeds, common shareholders possess a portion of the company.
• The company's assets are kept in trust for common shareholders.
• Shareholders perceive a profit when stock prices grow and profits are re-invested in other assets.