Detailed Answer
(c) The requirement is to identify the right of a shareholder.
Shareholders have the right to vote on the dissolution
of the corporation. Stockholders also have the right to elect the
directors of the corporation, who in turn elect the officers. Answer
(b) is incorrect, as shareholders do not have the right to
receive dividends unless they are declared by the board of directors.
Answer (d) is incorrect, as shareholders are not necessarily
involved in the management of the corporation and cannot
prevent corporate borrowing.
