When Did Australia Become Independent

question 58

Multiple Choice

When did Australia become independent?

• A)1873
• B)1901
• C)1925
• D)1973
• E)none of these

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Definitions:

Corporation

A legal entity that is separate and distinct from its owners, providing them with limited liability, and recognized as having rights and responsibilities.

Preferred Stock

A security that entitles the holder to payment of fixed dividends and that has priority over common stock in the distribution of assets on the corporation’s dissolution.

Common Stock

A type of equity security that represents ownership in a corporation, with holders usually having a right to vote on corporate matters.

Payment Of Dividends

The distribution of a portion of a company's earnings, decided by the board of directors, to a class of its shareholders.