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What legal requirements must be met before a company can pay dividends?a)The company must have zero accumulated losses.b)The company must have provided for all depreciation.c)The company must ensure that the dividend is paid out of profits and not out of capital.d)The company must have a surplus of assets over liabilities.Correct answer is option 'C'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What legal requirements must be met before a company can pay dividends?a)The company must have zero accumulated losses.b)The company must have provided for all depreciation.c)The company must ensure that the dividend is paid out of profits and not out of capital.d)The company must have a surplus of assets over liabilities.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What legal requirements must be met before a company can pay dividends?a)The company must have zero accumulated losses.b)The company must have provided for all depreciation.c)The company must ensure that the dividend is paid out of profits and not out of capital.d)The company must have a surplus of assets over liabilities.Correct answer is option 'C'. Can you explain this answer?.

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