Which of the following is correct with respect to the rights
of stockholders in a corporation?

(a) The requirement is to identify the correct statement
regarding the rights of stockholders. Stockholders do not
have the right to manage their corporation. However, stockholders
who are also directors or officers do have the right to
manage as part of their rights as directors and officers. Answer
(b) is incorrect because stockholders generally have no right to
receive dividends unless the board of directors declares such
dividends. Answer (c) is incorrect because stockholders are
given the right to inspect the books and records of their corporation
under certain circumstances. Answer (d) is incorrect
because the stockholders may demand a list of shareholders for
a proper purpose such as to help wage a proxy fight; however,
they may not require the corporation to give them a list of its
customers to use for a mailing list.