Welcome to our clip on shareholders’ rights and obligations!

Now that you have a good understanding of the issuance and classifications of stock, we’ll be turning to the rights and obligations that stock ownership confers on shareholders. We’ll begin with a discussion of shareholders’ rights, including the right of inspection and the right to distributions. We’ll next turn to how shareholders act and discuss the rules for shareholder voting, proxies, and voting trusts and agreements. Then we’...