Which of the Following Statements, If Any, Is Characteristic of Constructive

question 113

Multiple Choice

Which of the following statements, if any, is characteristic of constructive dividends?

• A)They must be available to the shareholders on a pro rata basis.
• B)They can occur even if the corporation has no earnings and profits.
• C)They must be formally declared and paid (i.e., declaration date, record date, payment date).
• D)They are not deductible by the corporation.
• E)None of the above.

---

Definitions:

Behavior Problems

A range of actions or attitudes displayed by individuals, typically children, that are considered socially unacceptable or disruptive.

Combative

Ready or eager to fight; confrontational.

Divorce

The formal ending of a marriage through legal proceedings by a court or an authorized institution.

Remarriage

Entering into a marriage again after being divorced or widowed.