Dividends on cumulative preferred stock, if not paid in any year, will be payable later when funds are available.
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Q3: All states require a written proxy.
Q4: The value assigned to shares in the
Q5: A corporation must issue some common stock.
Q6: The Model Business Corporation Act (MBCA) gives
Q7: The revised Model Business Corporation Act (MBCA)
Q9: If a corporation has only one class
Q10: Debentures may not have a term of
Q11: If a corporation has only one class
Q12: Sometimes a value is assigned to the
Q13: Shareholders are not usually able to sue
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