Why the agent issues dividend checks to the individual shareholders and sends the corporation a list of the payments made?

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter15: Dividend Policy
Section: Chapter Questions
Problem 18QTD
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Why the agent issues dividend checks to the individual shareholders and sends the corporation a list of the payments made?

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