Examlex
The NBA is a like a cartel because:
Cash Dividend
A disbursement from a corporation to its shareholders, typically issued in cash, derived from its profits.
Payable
Short-term financial obligations or debts of a company, typically to suppliers, that are due to be paid within one year.
Cash Dividend
A payment made by a company out of its profits to shareholders, usually in the form of cash.
Dividends Payable
A liability on a company's balance sheet representing the amount of declared dividends that are owed to shareholders but not yet paid.
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