A Corporation's Distribution of Its Own Shares to Its Shareholders

question 64

Multiple Choice

A corporation's distribution of its own shares to its shareholders without receiving any payment in return is a:

• A) Premium on shares.
• B) Share subscription.
• C) Share dividend.
• D) Discount on shares.
• E) Preferred sharE.

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Definitions:

Chinese Literati Painting

A style of painting associated with scholarly gentlemen in China, focusing on personal expression and themes of nature, using brushwork that emphasizes spontaneity.

Income Distribution

The way in which total income is divided among the members of a society, impacting economic inequality and living standards.

Nigeria

A country located in West Africa, known for its population diversity, natural resources, and cultural heritage.

Political Philosophy

A branch of philosophy that examines the nature of politics, government, and society, and analyzes concepts like justice, rights, and the role of the state.