____ Is (Are) the Earnings of a Corporation That Are

question 219

Multiple Choice

____ is (are) the earnings of a corporation that are distributed to the stockholders.

• A) Interest
• B) Dividends
• C) Retained earnings
• D) Discounts
• E) Premiums

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Definitions:

Unjust Enrichment

A legal principle that occurs when one person is unfairly enriched at the expense of another, and the law demands restitution to the aggrieved party.

Executory Contract

A contract under which both parties have not yet fully performed their contractual obligations.

Genuine Contracts

Contracts that are legally binding and enforceable, characterized by mutual assent, consideration, capacity, and legality.

Implied in Fact Contracts

Contracts arising from the conduct of the parties, indicating a mutual intention to contract, without explicit verbal agreement.