The Date Before Which a New Purchaser of Stock Is

question 5

Multiple Choice

The date before which a new purchaser of stock is entitled to receive a declared dividend,but on or after which she does not receive the dividend,is called the _____ date.

• A) ex-rights
• B) ex-dividend
• C) record
• D) payment
• E) declaration

---

Definitions:

Economic Role

The function or position held by entities such as individuals, firms, or institutions within an economy, contributing to the production, distribution, and consumption of goods and services.

Federal Government

The national government of a federated state, which holds the authority to govern at a level above individual states or provinces.

Socialist Systems

Political and economic theories advocating for the ownership and administration of the means of production and distribution by the community as a whole or by a centralized government to achieve equal distribution of wealth and the elimination of social classes.

Mixed Economy

A system where both private enterprise and government intervention coexist in the economic sphere, facilitating a balance between free market principles and social welfare.