Greener Grass Co

question 76

Multiple Choice

Greener Grass Co.pays a constant annual dividend of $1 a share and has 1,000 shares of common stock outstanding.The company

• A)must always show a current liability on its balance sheet of $1,000 for dividends payable.
• B)must still declare each dividend before it becomes an actual company liability.
• C)is obligated to continue paying $1 a share each year.
• D)can deduct $1,000 a year as a business expense as a result of its dividend payment.
• E)can be forced into bankruptcy by its shareholders if it fails to pay at least $1 a year in dividends.

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Definitions:

Iron Cage

A term used by Max Weber to describe the increased rationalization inherent in social life, particularly in Western capitalist societies.

Michel Foucault

A French philosopher and social theorist known for his analysis of power, discourse, and the social construction of knowledge.

Semiotics

is the study of signs and symbols and their use or interpretation in communication.

Structural Linguistics

A branch of linguistics focusing on the systematic structures of languages rather than the meanings of words or their historical development.