The Per Share Amount Usually Given to a Large Stock

question 45

Multiple Choice

The per share amount usually given to a large stock dividend is:

• A) the average per share price of outstanding stock.
• B) the par value of the stock.
• C) the current market value of the stock.
• D) zero, since the stockholder is not receiving cash.

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Definitions:

Specified Sales Quotas

Set amounts of sales that a salesperson or team is aimed to achieve within a certain time frame.

Breach

The act of violating a law, agreement, or code of conduct, often resulting in legal consequences.

Duty of Honesty and Fidelity

An ethical obligation requiring individuals, especially employees or agents, to act truthfully and loyally towards their employers or principals.

Notice-And-Cure Provision

A contractual clause that allows a party in breach of the contract to fix (cure) the breach within a specified time after receiving notice.