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Nezavi [6.7K]
3 years ago
5

Which of the following devices imparts ownership in a corporation?

Social Studies
1 answer:
Lady bird [3.3K]3 years ago
3 0
D. STOCK is the device that imparts ownership in a corporation.

It is a type of security that the corporation issues to raise money for capital or operating expenses. Stocks, issued to investors, signify ownership in a corporation<span> and represent a claim on part of the </span>corporation's<span> assets and earnings.

There are two main types of </span>stock. These<span> are common stock  and preferred stock.

Common Stocks are </span><span>shares entitling their holder to dividends that vary in amount and may even be missed, depending on the fortunes of the company.

Preferred Stocks are shares </span><span><span>that entitle the holders to fixed dividends, whose payments take priority over that of common-stock dividends.</span>

</span>

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