Which of the following statements is true of shareholders in a public stock company?
A. They directly supervise and coordinate the manufacture of products and delivery of services.
B. They are granted a charter of incorporation by the state and legally own company stock.
C. They are the centerpiece of corporate governance.
D. They are appointed by a board of directors to oversee the company's management.
Answer: They are granted a charter of incorporation by the state and legally own company stock.