There are different schools of thought as to who legally owns a corporation. Many people argue, as the late economist Milton Friedman believed, that the shareholders of a corporation are the owners, because they have an expressed stake in the corporation, voting rights and other ownership-like rights.hareholders. A shareholder, also called a stockholder, is an individual who owns shares in a corporation. Sale of stock in a corporation may be public or private, so some corporations will have thousands of shareholders while others may have just a few.
  A church convocation is a an assembly of members for a religious meeting. To be convoked is to be brought together for this purpose. A weekly or daily church service can â¦ be said to be a convocation of a church's congregation.+ 11 others found this useful. A church convocation is a an assembly of members for a religious meeting. To be convoked is to be brought together for this purpose. A weekly or daily church service can â¦ be said to be a convocation of a church's congregation. + 11 others found this useful.
Strictly speaking, the church is the Body of Christ, doing the work that the Head of the Church, Jesus, directs her to do for the purpose of glorifying God and part of that purpose is seeking those who are lost. By being called the Body of Christ, the church is to be the hands, mouth, and feet of Christ on earth.he Church isâ¦. The word church is from the Greek word âekklesiaâ which means âan assemblyâ or literally the âcalled-out onesâ so the church are those believers who God called and saved through repentance and faith in Christ.