A stock company is owned by its shareholders. Thus the correct answer is C.
<h3>What is stock?</h3>
A type of investment that represents the holder's ownership stake in the financial institution and is typically exchanged on equity markets is known as stocks. In order to raise money to run their businesses, corporations issue stock.
Investors of a combined firm, who can exchange assets with one another, own the company collaboratively. The earliest kind of a corporation was a joint-stock company.
The shareholders who owned stocks receive dividends when the profit is distributed.
Therefore, option C is appropriate.
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