Question

Indicate which activities of Stockton Corporation violated the rights of a stockholder who owned one share of common stock. (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer.)

Did not allow the stockholder to sell the stock to her brother.

Did not allow the stockholder to make decisions regarding hiring and firing employees.

Rejected the stockholder's request to vote via proxy because she was home sick.

Rejected the stockholder's sale of stock on an organized exchange.

In liquidation, paid the common shareholder after all creditors were already paid.

Answer 1

The answers are:

Did not allow the stockholder to sell the stock to her brother.

Rejected the stockholder's request to vote via proxy because she was home sick.

Rejected the stockholder's sale of stock on an organized exchange.