A unique thing about corporations is that anyone can own a piece of them by:
(1 point)
Responses
selling shares of the company.
selling shares of the company.
buying shares of the company.
buying shares of the company.
joining their mailing list.
joining their mailing list.
admiring them from afar.
admiring them from afar.
buying shares of the company.
The correct answer is:
buying shares of the company.
The correct answer is: buying shares of the company.
To become an owner of a corporation, one needs to buy shares of the company's stock. When a corporation decides to go public, it offers a portion of its ownership to the public through an initial public offering (IPO) or subsequent offerings. These shares of stock represent partial ownership in the company and can be bought and sold through stock exchanges.
By purchasing shares, individuals become shareholders and have certain rights, such as voting in shareholder meetings, receiving dividends (if the company pays them), and potentially profiting if the stock price increases. Shareholders also have a claim on the company's assets in the event of liquidation.
Selling shares is an action taken by existing shareholders who want to sell their ownership stake in the company. Joining a corporation's mailing list or admiring them from afar does not grant anyone ownership in the company.