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Which of the following is not a right of the shareholder of a corporation?
Right to inspect the books and records.
Right to share in dividends if declared.
Right to determine the mission of the corporation.
Right to sue on behalf of the corporation if the officers and directors fail to uphold corporate rights.
The requirement is to identify the item that is not a right of a shareholder.Right to determine the mission of the corporation is correct because the board of directors determines the mission of the corporation.A shareholder, also referred to as a stockholder, is a person, company, or institution that owns at least one share of a company’s stock, which is known as equity.
By: Srishti Gupta ProfileResourcesReport error
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