GENERAL KNOWLEDGE

GK

BUSINESS MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The owner of a partnership is a shareholder
A
True
B
False
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -Answer: No. This is because of the different ownership interests of a partnership and a company structure. Owners of a company are shareholders as they purchase their interest in the company by buying shares or stocks.

Detailed explanation-2: -Shareholders, or stockholders, are the owners of a company’s outstanding shares, which represents a residual portion of the corporation’s assets and earnings as well as a percentage of the company’s voting power.

Detailed explanation-3: -A shareholder is an owner of a company as determined by the number of shares they own. A stakeholder does not own part of the company but does have some interest in the performance of a company just like the shareholders. However, their interest may or may not involve money.

Detailed explanation-4: -Answer and Explanation: The statement is true. The company employees and managers are the agents who delegate and manage the corporation’s share. The shareholders are the principal who holds the company’s share and possesses the right to interfere in the corporation’s business.

There is 1 question to complete.