Dividends from a stock company are paid to stockholders, whereas in a mutual company dividends are?

Dividends from a stock company are paid to stockholders, whereas in a mutual company dividends are?


A) reinvested as capital gains, used to reduce rates for policyowners.

B) paid quarterly to the corporate officers and directors as a bonus.

C) paid to the policyowners.

D) paid to the stockholders.


Answer: C) paid to the policyowners.

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