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Mandarinka [93]
1 year ago
10

To whom does a corporation owe its primary obligation?

Social Studies
1 answer:
solong [7]1 year ago
5 0
A corporation owes its primary obligation to the shareholders of the corporation rather than the stakeholders.
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A little bit of context for that mockery:

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During his presidency, Andrew Jackson has the reputation of acting like the arrogant nobles in British Monarchy. He was bad at taking criticism and demanded the people around him to treat him with 'Respect'.

This was the reason why the people mockingly referred to him as “King Andrew the First”

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