In the context of investments, the board of directors of a corporation is legally obliged to declare dividends.

Name: In the context of investments, the board of directors of a corporation is legally obliged to declare dividends.
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The board of directors has the discretion to declare dividends, but they are not legally obliged to do so. Dividends are typically declared based on the company's financial health and strategic considerations.

In the Context of Investments, the Board of Directors of a Corporation