Which of the Following Statements Is NOT True

question 114

Multiple Choice

Which of the following statements is NOT true?

• A) The legal capital of a corporation represents an amount that cannot be returned to the owners while the corporation still exists.
• B) Investors in a corporation are called stockholders.
• C) The right to receive a dividend is one of the basic rights of preferred stockholders.
• D) Compared with preferred stock, common stock usually has a favorable preference in terms of dividends.

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Definitions:

Ingestion

The act of taking substances, typically food or medication, into the body through the mouth for digestion.

Chemical Burn

Tissue damage caused by exposure to a corrosive substance, which can affect the skin and mucous membranes.

Acids

Chemical substances that release hydrogen ions when dissolved in water, exhibiting a sour taste and capable of turning blue litmus paper red.

Wound

An injury to living tissue, especially an injury involving a cut or break in the skin.