Which of the following would generally not need to be approved by the board of directors?

Question

Quizplus · Accepted Answer

Payment of a dividend would typically not require approval by the board of directors as long as the company has sufficient funds and the dividend does not exceed any restrictions or limitations set by the board or relevant laws/regulations. However, the declaration of a dividend (Option C) may require board approval as it involves the decision to distribute earnings to shareholders. Issuing and repurchasing capital stock (Options A and B) would also typically require board approval as they involve significant changes to the company's ownership and capital structure.

Which of the Following Would Generally Not Need to Be