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  2. Topic
    Business
  3. Study Set
    Business Law with UCC Applications
  4. Exam
    Exam 27: Managing the Corporate Entity
  5. Question
    Once a Corporation's Board of Directors Declares a Dividend,it Becomes
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Once a Corporation's Board of Directors Declares a Dividend,it Becomes

Question 2

Question 2

True/False

Once a corporation's board of directors declares a dividend,it becomes a corporate debt and is enforceable by law.

Correct Answer:

verifed

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