Question: Property dividends, although rare, are occasionally distributed by corporations. As you know from the chapter, a property dividend is a distribution of the corporations assets

Property dividends, although rare, are occasionally distributed by corporations. As you know from the chapter, a property dividend is a distribution of the corporation’s assets other than cash. Given that dividends are taxable to shareholders, would you rather receive a cash dividend or a property dividend? What are the ethical implications of a corporation issuing property dividends?

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