If Dividends Are Not Declared for Five Years,but the Company

question 29

Multiple Choice

If dividends are not declared for five years,but the company has accumulated earnings each year,the shareholders may:

• A) petition the court of law for redress.
• B) override the board with a two-thirds vote.
• C) ask for an injunction requiring a dividend to be declared.
• D) do nothing but sell their stock.

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