Which of the Following Statements Is (Are)true

question 43

Multiple Choice

Which of the following statements is (are) true?

• A) Shareholders have a legal right to receive dividends.
• B) A firm's board of directors must decide whether to pay dividends.
• C) Most U.S. firms that pay cash dividends do so only once every year.
• D) All of the above are true.
• E) Only (a) and (c) are true.