Examlex
Which of the following is not a prerequisite to paying a cash dividend?
Assigns
Individuals or entities to which rights or property are legally transferred or passed on.
Satisfactory Performance
The degree to which a task, responsibility, or duty is completed adequately or meets the expected standards.
Express Condition
A clearly stated, specific condition in a contract that must be met for the performance or continuation of that contract to be required.
Implied Condition
A condition in a contract that is not explicitly stated but is necessary for the performance of the contract.
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