The Date the Directors Vote to Declare and Pay a Dividend

question 32

Multiple Choice

The date the directors vote to declare and pay a dividend is called the:

• A) Date of declaration.
• B) Date of payment.
• C) Date of stockholders' meeting.
• D) Date of record.
• E) Liquidating date.

---

Definitions:

Social Exchange Model

A theoretical framework suggesting that social behavior and interactions are the result of an exchange process aiming to maximize benefits and minimize costs.

Maximize Benefits

The principle or action of seeking to obtain the highest possible gain or advantage from a given situation.

Dutton and Aron

Psychologists known for their study linking arousal from suspension bridges to increased attraction, exploring the misattribution of arousal.

Attraction Toward

The force or interest that draws individuals together, which can be based on physical appearance, personality traits, similarity, or other factors.