An Action So Egregious That It "Speaks for Itself" Is

question 281

Multiple Choice

An action so egregious that it "speaks for itself" is an example of

• A) res judicata.
• B) res ipsa loquitur.
• C) stare decisis.
• D) respondeat superior.
• E) none of the above.

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Definitions:

Options

Financial derivatives that give the buyer the right, but not the obligation, to buy or sell an underlying asset at a specified price on or before a specified date.

Held

Describes investments or securities that are retained or possessed over a period without being sold or traded.

Exercise Price

The specified price at which an option contract can be executed, typically referring to the buy (call) or sell (put) price for stocks.

3-for-1 Split

A stock split in which shareholders receive three shares for each share they hold, effectively reducing the stock price and making the shares more affordable, while keeping the overall valuation of the company the same.