Explain the Doctrine of Forum Non Conveniens

question 21

Essay

Explain the doctrine of forum non conveniens.

Determine equilibrium price in different market scenarios.

Understand the regulatory and reporting requirements for corporations whose stock is traded on major stock exchanges.

Recognize the components and structure of the stockholders' equity section in a corporation's balance sheet.

Understand the preferences and rights of preferred stock versus common stock.

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Definitions:

Lessee

The user of an asset in a leasing agreement. The lessee makes payments to the lessor.

Title

A legal term denoting ownership rights over property, assets, or legal documents.

CRA

An abbreviation that can stand for Credit Rating Agency, an organization providing assessments of the creditworthiness of securities or firms.

Fair Market Value

The price that property would sell for on the open market, considering both the seller and buyer are acting knowledgeably and without undue pressure.