Which of the Following Is Least Important to Repurchase Decisions

question 3

Multiple Choice

Which of the following is least important to repurchase decisions of large American corporations?

• A) The previous level of dividends.
• B) the tax consequences to shareholders.
• C) Lack of good investment opportunities for cash retained in the firm.
• D) The company is holding more cash than it would like.

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Definitions:

Contract Repudiation

The refusal to perform duties or obligations under a contract, which can lead to legal actions for breach of contract.

Breach

A violation or infraction of a law, duty, or agreement.

Condition Subsequent

A condition in a contract that, when fulfilled, terminates the contract or an obligation within the contract.

Obligation Performance

The duty or requirement to fulfill the terms of a contract or agreement.