Benny-Duke Inc reported a net income of 7 million but paid no ...

[DelorasTo]

Benny-Duke Inc reported a net income of 7 million but paid no dividends to its shareholders. The shareholders should sue the company for failure to provide a return on their equity investment.
 
 Indicate whether the statement is true or false

Question 2

If the owner of a sole proprietorship retires or dies, the owner's heirs may take over the business and either sell it or continue to operate it.
 
 Indicate whether the statement is true or false

[LVPMS]

Answer to Question 1

False

Answer to Question 2

True

[DelorasTo]

Thanks for the timely response, appreciate it

[ttt030911]

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