What Is a Dividend

question 2

Multiple Choice

What is a dividend?

• A) It is the face value of a stock.
• B) It is the first time a corporation offers stock for sale to the public.
• C) It is the term that describes the sum of the par value of the issued par value stock and the consideration received for the no-par stock.
• D) It is an inflated consideration that is in fact less than the par value of a stock.
• E) It is a share of the corporation's profits.

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Definitions:

Tenancy At Sufferance

A situation in which a tenant fails to leave after a lease has expired and owes compensation to the landlord.

Relief Against Forfeiture

Legal recourse that allows an individual or entity to recover the loss of property or rights due to failure to meet legal obligations, under certain conditions.

Sublet

A lease executed by the lessee of land or premises to a third party for a shorter term than that which the lessee holds.

Residential Tenancies

Agreements or arrangements where a lessee occupies a property primarily for living purposes.