Regarding Financial Rights, Shareholders Have a Right to

question 15

Multiple Choice

Regarding financial rights, shareholders have a right to

• A) dividends paid in the order of preferences assigned to classes of shareholders- starting with the common shareholders.
• B) dividends when the corporation makes a profit.
• C) some discrimination in the payment of dividends.
• D) receive dividends when declared by the corporation.
• E) capital appreciation as a result of retained earnings.

---

Definitions:

Caldera

A large volcanic crater, typically formed by the collapse of land following a volcanic eruption.

Classic Shape

This term does not directly relate to a scientific concept in this context and thus is deemed not accurate.

Lava Flow

The movement of lava across the ground post-volcanic eruption, which can shape landscapes.

Scoria Cones

Volcanic cones built from fragments of lava ejected during explosive eruptions, characterized by their rough, vesicular texture.