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

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Definitions:

Registered Letter

A mail service providing the sender with a mailing receipt, and sometimes includes insurance and tracking of delivery.

Stipulation

An agreement or condition specified in a legal document or contract, often binding the parties to its terms.

Counteroffer

A response to an offer in which the original terms are rejected and new terms are proposed.

Inquiry

The act of asking for information or conducting an investigation in order to gain understanding.