Which of the Following Is the Best Example of an Express

question 29

Multiple Choice

Which of the following is the best example of an express rather than implied contract?

• A) The patient seats herself in the dental chair.
• B) The dentist presents a written treatment plan involving periodontal surgery for the maxillary right quadrant to the patient.
• C) The patient arrives at the dental office at the scheduled time for an initial appointment to have an examination of discomfort in the mandibular left quadrant.
• D) The patient asks the dentist if the injection of local anesthetic will hurt and the dentist replies that she will anesthetize the patient very slowly and carefully to minimize discomfort.

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Definitions:

Shares Outstanding

The sum of all shares of a company currently held by its investors, encompassing both large block holdings by institutional investors and shares that are under restrictions.

Liquidating Dividend

A type of dividend paid by a corporation out of its capital base, as opposed to its earnings, often signaling the company is dissolving.

Dividend Policy

A company's approach to distributing profits back to its shareholders, dictating how much to pay out as dividends and how often.

Alternate Dividend Policy

A strategy used by a company to vary its dividend payments to shareholders based on its earnings or investment opportunities.