Which of the Following Is True of a Corporation's Stock

question 61

Multiple Choice

Which of the following is true of a corporation's stock?

• A)Stocks are highly illiquid assets.
• B)Stocks can be easily transferred from one person to another.
• C)Dividends declared on stocks are not subject to personal income tax.
• D)Dividend declared on stocks assure a steady income to the stockholders.

---

Definitions:

Pollution

The introduction of contaminants into the natural environment that cause adverse change, often affecting air, water, and soil quality.

Benign Materials

Substances that are non-toxic and pose no harm to health or the environment.

Synthesis

A process in which complex molecules are formed from simpler substances.

Atorvastatin

A statin medication used to prevent cardiovascular disease and to treat abnormal lipid levels by inhibiting an enzyme involved in lipid production.