Which one of these examples does NOT meet the strict definition for a dividend?
A) Steel Gen Corp regularly distributes $0.05 to each shareholder for every share they own.
B) Chalone Vineyards once offered their investors discounts on wine in proportion to the number of shares they owned.
C) Churchill Downs, Inc., which operates several horse racing tracks, including the location for the Kentucky Derby, distributes two free general admission tickets to every investor who holds more then 100 shares in the company (as of 2008).
D) Both b and c do not meet the definition for a dividend.
Answer: C
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