A liability for dividends is recorded on the declaration date.

Answer the following statement true (T) or false (F)


True

On the declaration date, the company's board of directors formally approves the dividend, thereby creating a legal liability for the corporation.

Business

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According to the coming and going rule, what is the liability of the principal for injuries caused by its agents and employees while they are on their way to or from work?

A) complete liability B) vicarious liability C) limited liability D) no liability

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What will be an ideal response?

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) Which of the following is true of the purpose section in the introduction for a formal report?

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