An individual who owns a share of a corporation and is entitled to part of its profits is the:
A. director
B. officer
C. president
D. stockholder
I'll be glad to check your answer.
huh?
The correct answer is D. stockholder.
To arrive at this answer, we can break down the question and analyze each option:
A. A director is a member of the company's board of directors who is responsible for making important decisions and governing the corporation. However, they do not necessarily own shares or profit from the company's earnings.
B. An officer refers to high-ranking executives or managers within a corporation who hold specific titles such as CEO, CFO, COO, etc. Officers also do not necessarily own shares or profit from the company's earnings.
C. The president is the highest-ranking executive officer in a corporation but, similar to the previous options, they may not necessarily be a shareholder or entitled to the company's profits.
D. A stockholder (also called a shareholder or stock owner) is an individual or entity that owns shares in a corporation. Shareholders are entitled to a portion of the company's profits, known as dividends, based on the number of shares they own.
Therefore, the correct answer is D. stockholder, as they are the owners of shares in the corporation and entitled to part of its profits.