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Question
Wong and Burton owned several hundred shares of preferred stock in Classic Inc. For three years, neither were paid dividends. In the fourth year, Classic paid dividends to both shareholders. Wong also received payment for dividends from the preceding three years. Burton did not receive any dividends from those years. Identify the type of stock owned by each shareholder.
Answer
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Related questions
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B. Writ of replevin
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D. Cover the sale
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Turban, an immigrant who speaks little English, enters into a contract to pay $300 per month for ten years to purchase an auto from Travel Motor Co. The appraised retail value of the car is $5000. What legal remedy would release Turban from his contract?
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A sale of goods contract offer is silent concerning the method of acceptance. It may be accepted in any reasonable manner.
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D. a repudiation of contract.