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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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