If You Are Asked Under Oath to Disclose Your Medical

question 16

Multiple Choice

If you are asked under oath to disclose your medical facility's yearly income, what would you do?

• A) State that the information is in the computer and you can get it for him later.
• B) Tell the lawyer that information is none of his business and has no bearing on the case.
• C) Make up a figure and hope it is correct.
• D) Because this is information you would not usually know, you would simply state, "I don't know."

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Definitions:

Stockholders

Stockholders, also known as shareholders, are individuals or entities that own one or more shares of stock in a public or private corporation, giving them ownership interests.

Equity

The worth of an owner's stake in a business or property, determined by deducting debts from the total assets.

Assets

Resources owned or controlled by a business, expected to produce future economic benefits.

Net Assets

The total assets of a company minus all of its liabilities, representing the owners' equity.