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2 Cards in this Set
- Front
- Back
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Duties of shareholders
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only to pay for their stock; if not, its called watered stock
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Rights of sharholders (6)
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1. to vote (at least one class of stock is entitled to vote)
2. must have at least one annual shareholders meeting 3. elect directors 4. inspect the corporate books and records 5. Dissenter's rights 6. net distribution of assets upon dissolutiong |
