Dividends on Common Stock

question 35

Multiple Choice

Dividends on common stock:

• A) Are automatically paid every three months.
• B) Must be paid in cash.
• C) Are considered in default if the board fails to declare them at least once per year.
• D) Are a tax deductible expense to the corporation.
• E) Must be declared to become a liability of the firm.

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Definitions:

Sympathetic Nervous System

A part of the autonomic nervous system that prepares the body for quick action in emergencies; the "fight or flight" response system.

Parasympathetic Nervous System

Part of the autonomic nervous system that conserves energy by slowing the heart rate, increasing intestinal and gland activity, and relaxing sphincter muscles.

Dopamine

Dopamine is a neurotransmitter in the brain that plays a key role in managing rewards, motivation, pleasure, and motor function.

Phineas Gage

A historically significant individual in the study of neuroscience and psychology, known for surviving a severe brain injury that altered his personality and behavior.