If a Corporation Is Profitable,directors Must Declare a Dividend to Holders

question 40

True/False

If a corporation is profitable,directors must declare a dividend to holders of common shares according to their proportionate shareholding.

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Definitions:

Internal Locus Of Control

A belief that one has control over their own life and the outcomes of their actions, as opposed to external forces determining their fate.

Situations

Scenarios or conditions that arise in the environment, affecting individuals, organizations, or societies and requiring responses.

Goals

Objectives or desired outcomes that an individual, group, or organization aims to achieve.

Participative Behaviors

Practices where leaders involve followers in the decision-making process, enhancing engagement, empowerment, and collective responsibility.