A shareholder's obligation to repay an illegally declared dividend depends on:
A) the shareholder's good or bad faith in accepting the dividend.
B) the solvency or insolvency of the corporation and, in some instances, special statutory provisions.
C) the shareholder's knowledge of the facts.
D) All of these.
D
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Twin Cities Corp had sales during the year of $15,000,000 and an average accounts receivable of $5,000,000 . Its accounts receivable turnover ratio is 0.33 times
a. True b. False Indicate whether the statement is true or false
Even if a contract is required to be in writing by the Statute of Frauds, the parties may
voluntarily perform the contract if they so choose. Indicate whether the statement is true or false
Experience rating of workers' compensation insurance rewards employers with good safety records
Indicate whether the statement is true or false
To engage high-potential individuals at all levels of the firm, it is essential for CR values to be _________________ throughout the company.
a. posted b. spoken of c. codified and distributed d. identified and spoken of