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True or false 1.Stockholders with unpaid subscriptions of capital stock are not entitled to dividend. 2.Holders of subscribed shares not fully paid which are not

True or false

1.Stockholders with unpaid subscriptions of capital stock are not entitled to dividend.

2.Holders of subscribed shares not fully paid which are not delinquent shall -have all the rights of a stockholder.

3.Stock corporations have their share capital divided into shares and are authorized to distribute to the holders of such shares dividends or allotments of the accumulated profits on the basis of the agreement of the shareholders.

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