To Stockholders,the Larger the Net Income,the Greater the Likelihood of Dividends

question 46

True/False

To stockholders,the larger the net income,the greater the likelihood of dividends.

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Definitions:

Senators

Members of the Senate, one of the two houses of the legislature in various countries, including the United States, elected to represent states or territories and participate in law-making.

Constitution

The supreme law of the United States, establishing the framework of the national government, its powers, and the rights of its citizens.

Grandfather Clause

A legal or policy provision that allows certain individuals or activities to continue under old rules while new rules apply to all future cases, often used to exempt some people from new regulations.

Literacy Tests

Historically used in the United States as a means to disenfranchise racial minorities, particularly African Americans, under the guise of assessing eligibility to vote.