Greg purchased 2000 shares of common stock of the Rite Track Corporation last year.He learned several months later that the stock does not pay a dividend.Greg should proceed to:

Question

Quizplus · Accepted Answer

It is important for investors to do their proper research before investing in a company's stock. This includes researching the company's financial statements, business model, and dividend history. In this case, Greg could have avoided the disappointment of not receiving a dividend by doing his due diligence beforehand. Filing a lawsuit or going after the registered representative would not be appropriate in this situation, as the lack of dividend was likely disclosed in the company's financial statements and other public documents. Selling the shares is an option, but it may not be the best course of action if Greg believes the stock has potential for growth in the future.

Greg Purchased 2000 Shares of Common Stock of the Rite