A Plea of Non Est Factum

question 3

Multiple Choice

A plea of non est factum

• A)is applicable only where both parties have made a mistake.
• B)means it is not my doing.
• C)is not a good defence against third parties.
• D)means the contract is not correct.
• E)can only be raised if there is a misrepresentation.

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Definitions:

Common Share

Equity securities that represent ownership in a corporation, providing voting rights and a share in the company's profits via dividends.

Stockholders' Equity

The residual interest in the assets of a corporation remaining after deducting its liabilities, representing the ownership interest of the shareholders.

Dividend Yield

Dividend Yield is a financial ratio that shows how much a company pays out in dividends each year relative to its stock price, indicating the return on investment from dividends alone.

Cash Dividends Per Share

The amount of cash distributed to shareholders per share out of a company's earnings.