If a Corporation Declares a Dividend Based Upon Paid-In Capital

question 142

Multiple Choice

If a corporation declares a dividend based upon paid-in capital it is known as a

• A) scrip dividend.
• B) property dividend.
• C) paid dividend.
• D) liquidating dividend.

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Definitions:

Nonprice Competition

Competitive strategies used by companies to attract customers through methods other than lowering prices, such as product quality, service, and marketing.

Variety

Refers to the range of different products, services, or choices available in a particular area or sector.

Monopolistic Competition

A trading structure with many entities vending items that are akin but not identical, providing them with some form of market authority and the option to set their products apart.

Market Structure

The organizational and other characteristics of a market, including the level of competition and distribution of market power among firms.