Which dividend is not defined as a distribution?
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Under the revised model business corporation act, which of the following dividends is not defined as a distribution:
a) cash dividends
b) property dividends
c) liquidating dividends
d) stock dividends
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Solution Summary
This solution addresses the following dividend distribution question:
Under the revised model business corporation act, which of the following dividends is not defined as a distribution:
a) cash dividends
b) property dividends
c) liquidating dividends
d) stock dividends
Purchase this Solution
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