All of the Following Are Characteristics of Stock Except

question 106

Multiple Choice

All of the following are characteristics of stock except

• A)stock does not represent a promise to repay a fixed amount of funds.
• B)dividends paid to owners of stock represent a firm's profits.
• C)stock promises to repay a fixed amount to of funds to stock owners.
• D)stock represents ownership in a firm.

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Definitions:

Res Ipsa Loquitur

Literally, the thing speaks for itself. A doctrine that, in some circumstances, gives rise to an inference that a defendant was negligent and that his negligence was the cause of the plaintiff’s injury.

Doctrine

A belief or set of beliefs held and taught by a church, political party, or other group.

Negligent Hiring

The failure of an employer to perform due diligence during the hiring process, resulting in the recruitment of an individual who causes harm or poses a risk to others.

Respondeat Superior

A legal doctrine holding an employer or principal legally responsible for the wrongful acts of an employee or agent, if such acts occur within the scope of employment or representation.