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Lucia has acquired one share of common stock of a multimillion-dollar corporation with more than 500,000 shareholders. Lucia’s ownership is so small that she is ques- tioning what her rights are as a shareholder. For example, she wants to know whether owning this one share entitles her to (1) attend and vote at shareholders’ meetings, (2) inspect the corporate books, and (3) receive yearly dividends. Discuss Lucia’s rights in these three matters.
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Lucia has acquired one share of common stock of a multimillion-dollar corporation with more
than 500,000 shareholders. Lucias ownership is so small that she is ques- tioning what her
rights are as...