43. are responsible for and have final authority for managing a corporation's activities. 44. generally consists of a company's cumulative net income less any net losses and dividends declared since its inception. 45. 46 is a corporation's own stock that has been reacquired. is the amount at which a stock is bought and sold. 47. has special rights that give it priority or senior status over common stock in one or more areas such as receiving dividends or for the distribution of assets if the corporation is liquidated. 48. Dividend payment involves three important dates. They are 49. Growth stocks usually do not pay 50. The concept of the corporation paying tax on the corporation's earnings and the shareholder paying tax on and the dividend they receive is called taxation