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The following question are based on the following graph showing the market for corn:
-If the quantity supplied were less than the quantity demanded at a particular price,the equilibrium price would be achieved by
Dividends in Arrears
Unpaid dividends on cumulative preferred stock, which must be paid out before any dividends can be issued to common stockholders.
Cumulative Preferred Stock
A type of preferred stock where missed dividend payments are accumulated and must be paid before any dividends can be issued on other stock classes.
Liability
A financial obligation or debt owed by a company to another entity, to be settled through the transfer of assets or services.
Date of Declaration
The date on which a company announces its intention to pay a dividend or issue a corporate action to its shareholders.
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