Three dates are involved in the declaration and payment of dividends-the date of declaration, the date of record, and the date of payment
a. True
b. False
Indicate whether the statement is true or false
True
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Which of the following is the symbol for population percentage?
A) ยต B) ? C) ? D) ? E) ?
The significance of a risk is assessed in terms of the ________ and the impact of the event.
Fill in the blank(s) with the appropriate word(s).
Which of the following is true of the Securities Investor Protection Corporation (SIPC)?
A) It protects investors from losses up to $750,000 due to the financial failure of a brokerage firm. B) It has the monitoring and bailout functions that the Federal Deposit Insurance Corporation (FDIC) has in banking. C) It does not use trustees in any of its functions. D) It supervises the liquidation of brokerage firms that are in financial trouble.
Which of the following statements is CORRECT?
A. A hostile takeover is the main method of transferring ownership interest in a corporation. B. A corporation is a legal entity created by a state, and it has a life and existence that is separate from the lives and existence of its owners and managers. C. Unlimited liability and limited life are two key advantages of the corporate form over other forms of business organization. D. Limited liability is an advantage of the corporate form of organization to its owners (stockholders), but corporations have more trouble raising money in financial markets because of the complexity of this form of organization. E. Although the stockholders of the corporation are insulated by limited legal liability, the legal status of the corporation does not protect the firm's managers in the same way, i.e., bondholders can sue the firm's managers if the firm defaults on its debt.