A Moving to another question will save this response. Question 37 Dividends on common stock: O a. Are considered in default if the board fails to declare them at least once per year. b. Must be declared to become a liability of the firm. Must be paid in cash. Od Are a tax deductible expense to the corporation. O. Are automatically paid every three months. . A Moving to another question will save this response. MacBook Air 20 F2 300 F4 F3 % A & AS 7 8