No Dividend Can Be Paid Unless So Declared by the Board

question 16

True/False

No dividend can be paid unless so declared by the board of directors.

---

Definitions:

Production Delays

Occurrences that slow down the manufacturing or creation process, leading to longer times to bring a product or service to market.

Direct Approach

A communication style or strategy that involves being straightforward and clear about intentions or demands.

Indirect Approach

A communication strategy where the main point or conclusion is presented after the details, background information, or arguments.

Buffer Statement

A statement used to soften the impact of bad news or a negative message, often used in communication to maintain goodwill.