Asked by LaQuasha Coles on May 21, 2024
Verified
A large public corporation normally uses registrars and transfer agents to maintain the records of stockholders.
Public Corporation
A company whose shares are traded freely on a stock exchange.
Registrars
Entities responsible for maintaining records of shareholders and bondholders for corporations and ensuring compliance with regulatory requirements.
Transfer Agents
Entities responsible for maintaining records of a company's securities owners, handling transfers of stock or bonds, and managing lost, destroyed, or stolen certificates.
- Understand the role of registrars and transfer agents in maintaining stockholder records for large public corporations.
Verified Answer
SJ
SHAOWEI JIANGMay 24, 2024
Final Answer :
True
Explanation :
A large public corporation usually employs registrars and transfer agents to keep track of stockholder records, including managing stock transfers, dividends, and other related matters.
Learning Objectives
- Understand the role of registrars and transfer agents in maintaining stockholder records for large public corporations.