A corporation has no fixed obligations to its common shareholders; that is, the company [must / need

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A corporation has no fixed obligations to its common shareholders;

that is, the company [must / need not] declare dividends each year, and [must / need not] repay the amount the shareholders have invested.

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Essentials Of Accounting

ISBN: 9780273771463

11th International Edition

Authors: Leslie K. Breitner

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