In a Negligence Lawsuit,jury's Primary Function Is To

question 50

Multiple Choice

In a negligence lawsuit,jury's primary function is to:

• A)assist the judge in interpreting the law
• B)determine the facts
• C)decide guilt or innocence
• D)make sure neither plaintiff nor defendant cheats in presenting their case

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Definitions:

Cumulative Preferred Stock

A type of preferred stock that entitles shareholders to receive dividends in arrears before any dividends can be distributed to common stockholders.

Guaranteed Dividends

Dividends that are promised by a corporation to preferred shareholders, payable before any dividends are given to common shareholders.

Par Value

The nominal or face value assigned to a share of stock or a bond, used in legal documents and usually unrelated to market value.

Corporate Charter

A corporate charter is a legal document that establishes a corporation, setting forth its structure, powers, and objectives as granted by the state.