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A False Impression, Unlike Lying, Is Not an Ethical Violation

question 184

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A false impression, unlike lying, is not an ethical violation.


Definitions:

Book Value

The net value of a company's assets minus its liabilities, as recorded on the balance sheet, often compared to its market value to assess if it's under or overvalued.

Retained Earnings

The portion of a company's profit that is held back and not distributed to shareholders in order to reinvest in the business or pay off debt.

Stock Dividend

A dividend payment made to shareholders in additional shares rather than in cash, effectively redistributing a portion of the company's retained earnings as additional stocks.

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