Question: Choose the true statement: Shareholders rarely, if ever, have any significant menagerial powers in their roles as shateholders. Compared to most other countries, including almost

Choose the true statement: Shareholders rarely, if ever, have any significant menagerial powers in their roles as shateholders. Compared to most other countries, including almost all Civil Law countries, China's franchising laws are in effect the opposite of the flexible lawe for agency relationships and partnerships found in theUnited Stales. If Raqui wants fo start a company in order to sell photographic equipment. Raqui can choose to form a sole proprietorship and thus have exclusive control over any of the "remote Investors" in Raqui's business.\deg Corporate profits are only taxed if they are distributed to the shareholders. If a shareholder loses a derivative action against a corporation, that shareholder must sell his/her shares in the corporation.

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