Discuss Two of the Four Elements of a Binding Contract

question 9

Short Answer

Discuss two of the four elements of a binding contract.

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Definitions:

YTD% Chg

Year-To-Date Percentage Change, a financial metric indicating the percentage change in the value of an investment since the beginning of the current calendar year.

Obligatory Sinking Fund

A financial strategy in which a company sets aside money over time to retire its debt securities or preferred stock gradually, reducing default risk.

Preferred Stock

A category of corporate equity that ranks above common stock in terms of claims on assets and income, typically receiving dividends at a fixed rate.

Annual Dividend

The total amount of dividend payments a company distributes to its shareholders over the course of a year.