What is true about a stockholder in a corporation?

A stockholder in a corporation is fundamentally an owner of shares in that corporation, which grants them specific rights and privileges. Among these, stockholders typically have the right to participate in the control of the corporation, particularly through voting on important corporate issues, such as electing the board of directors, mergers, and other significant policy decisions.

Additionally, stockholders are entitled to receive dividends if the corporation decides to distribute profits. Dividends are paid out based on the number of shares owned, meaning that a stockholder can benefit financially from the corporation's success. Therefore, the statement that a stockholder may take part in control (through voting rights) and also receives dividends accurately reflects the realities of stock ownership in a corporation.

In contrast, other options present incomplete or incorrect assertions regarding the nature of a stockholder's role and rights. A stockholder’s participation in the corporation's governance and financial benefits are integral aspects of being a shareholder.