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Question 14 4 pts Which statement is false? A common stockholder cannot...

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Accounting

Question 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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