Which One of the Following Is a Noncash Payment Made

question 74

Multiple Choice

Which one of the following is a noncash payment made by a firm to its shareholders and is a payment that lessens the value of each outstanding share?

• A)Reverse stock split
• B)Cash distribution
• C)Stock dividend
• D)Regular dividend
• E)Liquidating dividend

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Definitions:

Supreme Court

The highest judicial court in a country or state, in the United States, it is the ultimate arbiter of the constitutionality of laws.

Disenfranchise Blacks

Refers to the systematic denial of voting rights to Black people through various discriminatory practices.

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The entitlements and protections that ensure an individual's ability to participate in the electoral process, including the right to vote without undue barriers and to have one's vote counted.

Mid-Twentieth Century

A period in the 20th century, roughly encompassing the years from the 1940s to the 1960s, characterized by significant political, social, and technological changes.