Question

Heinrich chemical corporation holds an annual meeting in which it invites all individuals who hold shares in the company. the occasion is also set aside for the election of a new member to the company's board of directors. however, the company ensures that only individuals who have the right to vote participate in the election. in this scenario, the _____ of the company take part in the voting process.

Answer 1

Answer:

In this scenario, the "common stockholders" of the company take part in the voting process.

Explanation:

Common stockholders have right to vote and they can generally vote about the matters of corporate policy, which also includes decisions about how to make the board of directors, starting corporate activities and what changes are made in the company's operations.