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Which of the following is a true statement? (Points : 2) a) Stockholders are guaranteed annual dividends. b) Stockholders receive their proportionate share of any

Which of the following is a true statement? (Points : 2)

a)

Stockholders are guaranteed annual dividends.

b) Stockholders receive their proportionate share of any assets remaining after the corporation pays its debts and liquidates.

c) Stockholders may authorize a business contract on behalf of the corporation.

d) Stockholders may determine the issue price of common stock.

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