What Is A Share Of Stock In A Corporation?

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Posted by admin at 6:51 PM UTC
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1. When you pay money to a stockbroker who has bought a stock for you, this is called
a. dividend
b. interest
c. commission
d. capital gains
2. The most prestigious market in the world is the
a. New York Stock Exchange.
b. Chicago Mercantile Exchange.
c. Tokyo Stock Exchange.
d. London Stock Exchange.
3. A share of stock in a corporation is a
a. guarantee to a fixed amount of income from the corporation.
b. legal claim to a share of the company’s future profits.
c. legal claim to a dividend, regardless of the corporation’s ability to pay its interest payments.
d. legal claim to a lump-sum payment at a specified point of time in the future.

4 Comments

Comment by Joshua R

C
A maybe D
B

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Comment by financeg

1. C. Commission
2. A. NYSE
3. B. legal claim to a share of the company’s future profits.
Unknown1 I realize that you’ve been a stockbroker for 12 years, so I’m hoping it is just a typo but a share of stock is not A. Stock is not a guarentee to a fixed amount of income from the corporation. Its furthest down on the capital structure, you only get income if it pays a dividend, the dividend is not guarenteed, a company can stop paying a dividend at any time.

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Comment by unknown1

number one is C
number 2 is definitely the New York Stock Exchange B
number 3 is A

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Comment by chaserch

1- C
2- A
3- B

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