The Board of Directors Must Assign a Per Share Value

question 169

Multiple Choice

The board of directors must assign a per share value to a share 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.

---

Definitions:

Social Responsibility Strategy

A company’s plan or approach to contributing positively to societal goals, through sustainable business practices and ethical contributions.

Denying Responsibility

The act of refusing to accept blame or accountability for one's actions or decisions, often deflecting onto others.

Resisting Change

The opposition or reluctance to alter existing conditions or practices.

Socioeconomic Model

A framework that explores the social and economic factors that influence individual or community behavior and outcomes.