DAS, Inc declared a $0.50 per share dividend on June 1. The date of record is June 20th, the
ex-dividend date is June 18th, and the payment date is June 31st. Andre owns a share of stock on
June 1.
Andre sells his share to Brett on June 19th, and Brett sells the share to LaMarcus on June
29th. Who will receive the dividend?
A) Brett
B) LaMarcus
C) Andre
D) no one, since the share was not owned consistently by one person over the period
C
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A licensee hires another licensee, who works for the same firm, to be an assistant for negotiating and selling properties. The supervising licensee, in this relationship, must:
A. be a managing broker B. be a member of the team C. have a controlling interest in the firm D. take a 30 clock-hour course on supervision
Support activities define the infrastructure of the firm and serve as the basis for the daily implementation of primary activities in the value chain
Indicate whether the statement is true or false