Which of the Following Is True of Stock

question 18

Multiple Choice

Which of the following is true of stock?

• A) An unregistered owner of stock is not entitled to dividends.
• B) Stock cannot be bought before incorporation.
• C) Preference stock cannot be sold by the owner without the company's permission.
• D) An owner is not allowed to present his stock as a gift to another.

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Definitions:

Geologic Timescale

A system used by geologists to describe the timing and relationships between events that have occurred throughout Earth's history.

Stratigraphic Timeline

A chronological ordering of layered sedimentary rocks, representing the sequential events in the Earth's geologic history.

Mesozoic Era

A major subdivision of geologic time from 251 million years ago (Ma) to 65 Ma; characterized by dinosaurs.

Jurassic Period

A geologic period and system that occurred about 201 to 145 million years ago, known for the prevalence of dinosaurs and the breakup of the supercontinent Pangea.