The Date of Record Is the Date That

question 101

Multiple Choice

The date of record is the date that:

• A) the board of directors announces a dividend will be paid.
• B) the dividends will be transferred to the shareholders.
• C) the shareholders purchased the shares.
• D) will determine which shareholders receive the dividends.
• E) the company records its obligation.

---

Definitions:

Perfectly Competitive

A market structure characterized by a large number of small firms, homogeneous products, free entry and exit, and perfect information, where no single firm can influence the market price.

Disequilibrium

A situation in a market where supply does not equal demand, leading to a temporary imbalance and potential for price changes.

Incentive

A factor, either monetary or non-monetary, that motivates individuals or entities to perform an action or engage in a certain behavior.

Long Run

A period of time in economics sufficient for all markets to adjust to changes, including those of supply and demand.