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> If you granted me ownership of the account and then denied me access, I could take you to court. Stock ownership is a legal agreement. Legal agreements can t
by tablespoon 5y ago
> If you granted me ownership of the account and then denied me access, I could take you to court. Stock ownership is a legal agreement.
Legal agreements can take many forms, and the legal agreement for the account says no withdrawals ever. When you have ownership of a share of stock, you're also denied access to the underlying assets. If you buy one share of Microsoft, can you take them to court to demand access to that share's worth of assets?
- chii 5y ago> demand access to that share's worth of assets? if you owed me some money, can i chop up a part of your kidney to sell? the ridiculous notion that you are entitled to use or own an asset directly partially just because you own the shares partially is a misunderstanding of the legal structure of share ownership. You do not own any assets of the underlying company of the shares you hold. You merely own the company itself. It's like trying to claim a piece of america (or your country) because you are a citizen of that country.