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Which of the following best describes the principle of capital maintenance? A. The principle that companies should repay their debts before making dividend payments to shareholders. B. The principle that companies should keep enough capital to repay all their debts at any one time. C. The principle that companies should not pay dividends if they are running at a loss. D. The principle that limited companies should not be allowed to make payments out of capital to the detriment of the creditors. |