Which of the Following Investors Has the Strongest Tax Reason

question 36

Multiple Choice

Which of the following investors has the strongest tax reason to prefer dividends over capital gains?

• A)Pension funds
• B)Financial institutions
• C)Individuals
• D)Corporations

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Definitions:

UCC

All commercial activities in the United States are subject to the intricate legal structure of the Uniform Commercial Code.

Promissory Estoppel

A legal concept that bars a person from canceling a promise made to someone else if that individual has sensibly relied on the promise to their misfortune.

Contract

A contract between two or more parties that is recognized and enforceable under the law.

Consideration

Something of value that is exchanged between parties in a contract, making the agreement legally binding.