Q546
In public corporation, claim of fundamental ownership is called
A.
common stock
AnswerB.
fundamental stock
C.
corporate stock
D.
claimed stock
Answer: Option A
Solution
Answer: Option A
Solution:
In public corporation, claim of fundamental ownership is called common stock. Common stock is a security that represents ownership in a corporation. Holders of common stock exercise control by electing a board of directors and voting on corporate policy.