The Date on Which the Board of Directors Passes a Resolution

question 20

Multiple Choice

The date on which the board of directors passes a resolution authorizing payment of a dividend to the shareholders is the ________ date.

• A)ex-rights
• B)ex-dividend
• C)record
• D)payment
• E)declaration

---

Definitions:

Creativity

The ability to generate or recognize ideas, alternatives, or possibilities that may be useful in solving problems, communicating with others, and entertaining ourselves and others.

Novel Solutions

Refers to unique and creative answers or approaches to problems that have not been previously considered.

Functional Fixedness

A cognitive bias that limits a person to using an object only in the way it is traditionally used, hindering problem-solving and creativity.

Genetic Problems

Disorders or diseases that are caused by abnormalities in an individual's DNA or chromosomes.