The Board of Directors Must Assign a Per Share Value

question 80

Multiple Choice

The board of directors must assign a per share value to a stock dividend declared that is

• A) greater than the par or stated value.
• B) less than the par or stated value.
• C) equal to the par or stated value.
• D) at least equal to the par or stated value.

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Definitions:

Signal of Quality

An indicator or characteristic that provides information about the quality of a product, service, or candidate, often used in situations of asymmetric information.

Advertising

A marketing communication that employs an openly sponsored, non-personal message to promote or sell a product, service or idea.

Fosters Competition

This term refers to the process or actions that stimulate rivalry among companies or entities, driving improvements in quality, innovation, and efficiency.

Brand Name

A name given by the maker to a product or range of products, especially a trademark.