Discuss how the corporation declare a cash dividend, Business Law and Ethics

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Discuss how the corporation declare a cash dividend

Problem: Use the MBCA to answer the following questions.

Halo Enterprises Inc. is a corporation with one class of stock: Common A.

May the corporation declare a cash dividend to Common A shareholders owning 1,000 shares of stock or less and a stock dividend to Common A shareholders owning more than 1,000 shares? Discuss.

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Business Law and Ethics: Discuss how the corporation declare a cash dividend

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Business Law and Ethics: Discuss how the corporation declare a cash dividend

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