Which of the Following Is True About Dividends

question 41

Multiple Choice

Which of the following is true about dividends?

• A)Dividends are paid at the discretion of the shareholders.
• B)Dividends cannot be used for corporate purposes.
• C)Dividends will be paid to shareholders who have sold their shares prior to the record date.
• D)Dividends in cash or property,once declared,cannot be revoked.

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Definitions:

Strategic View

An approach focusing on long-term objectives, positioning, and plans to achieve sustainable competitive advantage.

Bargaining Position

The relative power or leverage that a person or entity holds in negotiation settings, affecting their ability to secure favorable terms.

Nonunion Scabs

Workers who are not members of a labor union and are employed to work during a strike, typically regarded negatively by union members.

Strike Fund

A reserve of money set aside by labor unions to support workers during a strike action, helping cover lost wages and other expenses.