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Question 1 4 4 pts Which statement is false? A common stockholder cannot sue a company to force it to pay a common dividend that

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14

4

pts

Which statement is false?

A common stockholder cannot sue a company to force it to pay a common dividend that has been suspended.

Dividends do not reduce a company's taxable corporate income.

A company has no legally enforceable obligation to pay dividends.

A preferred stockholder can sue a company to force it to pay a preferred dividend that has been suspended.

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