Multiple Choice
Which one of the following statements related to common stock is correct?
A) Corporations are required to pay annual dividends to its common stockholders.
B) Corporations have the right to discontinue paying dividends.
C) Corporations pay dividends at the discretion of the firm's president.
D) Common stock is a form of corporate debt.
E) Common stock has a pre-defined liquidation value.
Correct Answer:
Verified
Correct Answer:
Verified
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