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A corporation should be prohibited from purchasing its own shares because such an action is tantamount to redeeming shares already issued and erodes the capital

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A corporation should be prohibited from purchasing its own shares because such an action is tantamount to redeeming shares already issued and erodes the capital base of the corporation. True O False A corporation must pay dividends to shareholders in every accounting period where there is profit. True O False A corporation raising borrowed funds will be susceptible to interventions in business decisions from the providers of funds. True O False

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