Question

Identify which of the following is not generally a right of common stockholders. Vote at stockholders' meetings Manage operations Purchase proportional shares if new stock is issued Receive dividends if issued Sell stock Share any remaining assets if the corporation is liquidated

Answer 1

Answer:

The correct answer is the option: Manage operations.

Explanation:

First of all, stockholders is the name that the individuals or institutions receives due to the fact that they are the ones that legally owns one or more than one share of stock from a company. Secondly, it is understandable that the stockholders have rights in the company because they own a part of it. In addition to that, those rights comprehends a great quantity of functions such as voting power in the meetings; sell their shares; purchase new shares; transer their share; dividends and much more. However, stockholders can not manage the operations of the company, despict the fact that they do can control such operations, but not manage them. It is not in their rights to deliver daily tasks and say what to do every time, in other words, managing.