QUESTION 8 INSTRUCTIONS: IN YOUR OWN WORDS, provide a brief, YETTHOROUGH, response to ANY THREE of the questions below. write using COMPLETE SENTENCES. Points will be deducted for grammar, spelling, sentence structure, etoc. You must 1. What are the basic ownership rights of common stockholders in the absence of restrictive provisions? 2. How does the balance sheet for a corporation differ from the balance sheet for a sole proprietorship? 3. For what reason(s) might a company, such as IBM, buy back some of its stock (i.e, treasury stock)? 4. What is a dividend? Do you agree that dividends SHOULD be in the form of cash only? EXPLAIN . Three dates are important in connection with a cash dividend. Identify these dates, and EXPLAIN the significance of each date to the corporation and to its stockholders. 8 What is the difference between a stock dividend and a stock split? How are they similar and how are they different