Which of the Following Statements Is Not True

question 78

Multiple Choice

Which of the following statements is not true?

• A)The legal capital of a corporation represents an amount that cannot be returned to the owners while the corporation still exists.
• B)Investors in a corporation are called stockholders.
• C)The right to receive a dividend is one of the basic rights of preferred stockholders.
• D)Compared with preferred stock,common stock usually has a favorable preference in terms of dividends.

---

Definitions:

SMART Goals

Goals that are Specific, Measurable, Achievable, Relevant, and Time-bound, providing clear direction and facilitating goal attainment.

Time Frame

A specified period in which something occurs or is planned to take place.

Terminal Values

End goals or objectives that individuals or organizations aim to achieve, reflecting their core beliefs and ideals.

Milton Rokeach

A psychologist known for his work on human values, attitudes, and belief systems.