With the Exception of Russia, the United States Is the Only

question 161

True/False

With the exception of Russia, the United States is the only other country in the world with permanent and often sizable military bases in every part of the world.

---

Definitions:

Dividends Payable

A liability representing the amount of dividends declared by a company's board of directors that have not yet been paid to shareholders.

Cash Dividend

A cash disbursement from a corporation to its shareholders, derived from its earnings.

Par Value

The face value of a bond or stock as stated on the certificate, which is the minimum amount the security can be sold for upon initial offering.

Stated Value

The amount per share assigned by the board of directors to no-par value stock.