The Main Purpose of a Stock Split Is to

question 105

Multiple Choice

The main purpose of a stock split is to

• A)decrease the marketability of the stock by increasing the price.
• B)increase the marketability of the stock by increasing the price.
• C)increase the marketability of the stock by decreasing the price.
• D)reduce the number of issued shares.

Understand the structure and function of the U.S. legal system.

Recognize the importance of the doctrine of stare decisis in creating a stable and predictable legal system.

Identify the factors considered by courts in cases of first impression.

Understand the concept of binding authority within the legal framework.

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Definitions:

Market Economy

An economic system in which economic decisions and the pricing of goods and services are guided chiefly by the aggregate interactions of a country's citizens and businesses.

Personal Liability

The legal responsibility of an individual to cover the loss or damage incurred by their actions, potentially affecting their personal assets.

New Middle Class

A socio-economic group that emerged in industrial societies, characterized by higher education levels, professional occupations, and relatively high income.