A company has decided to pay dividends. The board met, fixed the amount, the time and method of payment for a dividend . Unfortunately through the company's liabilities now exceed its assets by $100,000 in the current year. The time that was fixed for payment of this dividend has not yet arrived

A. the company , through its director Ceil, can revoke the decision to pay the dividend.

B.the company cannot alter its decision to pay a dividend because once declared the dividend is a debt of company

c.the company cannot go ahead and pay this dividend because it can only declared the dividend is a debt of the company

d. The company, declare a dividend because there is a minimum limit of assets that a company must retain and for this company to pay a dividend now they would exceed this limit.