The Date on Which a Shareholder Must Be Registered on the Corporation's

question 103

Multiple Choice

The date on which a shareholder must be registered on the corporation's books in order to receive dividend payments is called the:

• A) trade date.
• B) purchase date.
• C) settlement date.
• D) record date.
• E) sell date.

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Definitions:

Signature

A person's name or mark written by themselves, often used to indicate agreement with the contents of a document.

Authenticate

(a) to sign; or (b) with the intent to sign a record, otherwise to execute or adopt an electronic symbol, sound, message, or process referring to, attached to, included in, or logically associated or linked with, that record.

Seal

A mark or impression placed on a written contract indicating that the instrument was executed and accepted in a formal manner.

Auctioneer

A person who conducts sales at auctions by accepting bids and declaring goods sold to the highest bidder.