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Under What Circumstances Does a Shareholder Have a Right to Share

Question 3

Multiple Choice

Under what circumstances does a shareholder have a right to share in the profits of the company?


A) Upon the presentation of a creditor's petition for the winding up of the company
B) When the company has been wound up and there are assets remaining after all creditors have been paid
C) When the directors declare a dividend
D) When all monies owed to the company has been repaid
E) When the company has been dissolved

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