The Ex-Dividend Date Is Defined as _____ Day(s) Before the Date

question 81

Multiple Choice

The ex-dividend date is defined as _____ day(s) before the date of record.

• A)three business
• B)three
• C)two business
• D)two
• E)one

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Definitions:

Negotiable Instruments

Financial documents, like checks or promissory notes, that guarantee payment of a specific amount of money to the bearer under certain conditions.

UCC

Stands for Uniform Commercial Code, which is a comprehensive set of laws governing all commercial transactions in the United States.

Anglo-American Law

A legal system originating in England and now prevalent in the United States and many Commonwealth countries, characterized by the doctrine of precedent.

Currency Substitute

Any means of payment used in lieu of traditional money (coins and banknotes) for the transaction of goods and services.