The Date on Which a Cash Dividend Becomes a Binding

question 52

Multiple Choice

The date on which a cash dividend becomes a binding legal obligation is on the

• A)declaration date.
• B)date of record.
• C)payment date.
• D)last day of the fiscal year.

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Definitions:

Footprint

In a technological context, the term often refers to the amount of space occupied by a device, or the environmental impact of producing and disposing of it.

GEO

A Geostationary Earth Orbit is a circular path located 35,786 kilometers directly above the Earth's equator, moving in the same direction as the Earth rotates.

LEO

stands for Low Earth Orbit, which is an orbit relatively close to the Earth's surface, used for many types of satellites, including those for communication, observation, and science.

MEO

Medium Earth Orbit, a region of space around the Earth above low Earth orbit (LEO) and below geostationary orbit, often used for satellites, including for communications and navigation purposes.