The Date the Directors Vote to Pay a Dividend Is

question 64

Multiple Choice

The date the directors vote to pay a dividend is called the:

• A) Date of shareholders' meeting.
• B) Date of declaration.
• C) Date of record.
• D) Date of payment.
• E) Liquidating date.

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Definitions:

External Costs

Costs that are not borne by the parties involved in a transaction but rather by third parties or society as a whole.

Efficient Solution

An outcome wherein resources are allocated in the most effective way, maximizing benefits while minimizing costs or wastes.

Internalize Externalities

The process by which a firm takes into account the external costs or benefits of its activities, typically by incorporating them into its pricing structure.

Negative Externalities

Costs suffered by a third party as a result of an economic transaction, such as pollution caused by industry, which are not reflected in the market prices.