Which Statement Best Describes the Profit-Sharing Feature of Corporations

question 66

Multiple Choice

Which statement best describes the profit-sharing feature of corporations?

• A) Shareholders are paid a pre-determined rate of return.
• B) Shareholders are automatically entitled to a dividend if the business is profitable.
• C) The decision of whether to declare dividends is controlled by the shareholders.
• D) Shareholders are only entitled to dividends if they are declared by the directors.

Understand the dynamic influence of early childhood experiences on later adult attachments and relationship selections.

Understand the economic and managerial implications of outsourcing.

Identify factors leading to trade deficits and their consequences.

Comprehend the concepts of absolute and comparative advantages.

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Definitions:

U.S. Law

The legal framework encompassing statutes, regulations, and case law governing the United States of America.

Preeminence

The quality of being superior or outstanding in a particular field or context.

Acceptance Is Timely

implies that an offer has been accepted within the timeframe specified, or in a reasonable period, making a contract binding.

Accepted by Offeree

The act of an offeree agreeing to the terms of an offer, thereby creating a binding contract.