Which of the Following Is a Result of a Market

question 78

Multiple Choice

Which of the following is a result of a market economy?

• A)environmental protection
• B)an equal income distribution
• C)agreement on equity
• D)voluntary exchange

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Definitions:

Noncumulative

Pertains to dividends or other rights that do not accumulate if not paid or exercised in the period they are due.

Dividends in Arrears

Unpaid dividends on cumulative preferred stock which must be paid out before any dividends can be distributed to common stockholders.

Dividends Payable

A liability on a company's balance sheet representing the amount owed to shareholders in the form of dividends that have been declared but not yet paid.

Cumulative

Referring to the aggregate or total amount accumulated over a period of time, often used in the context of dividends or records.