A Cash Payment Made by a fiRm to Its Owners

question 32

Multiple Choice

A cash payment made by a firm to its owners in the normal course of business is called a(n) :

• A) Share repurchase.
• B) Liquidating dividend.
• C) Regular cash dividend.
• D) Special dividend.
• E) Extra cash dividend.

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Definitions:

Jurgen Habermas

A German sociologist and philosopher known for his theory on the public sphere and communicative action, emphasizing the importance of rational discourse in democratic societies.

Social System

An organized and complex set of relationships among individuals and groups, which functions based on some consensus or shared norms.

Modern Bureaucracy

A hierarchical and formal organization structure developed to manage large-scale administrative tasks efficiently, characterized by fixed areas of activity, a hierarchy of authority, and a system of rules and procedures.

Zygmunt Bauman

A Polish sociologist and philosopher who is known for his analysis of the links between modernity, globalization, the Holocaust, and consumerism.