Jury Instructions

question 80

Multiple Choice

Jury instructions:

• A)are not given in all cases.
• B)explain the application of law to juries.
• C)are developed unilaterally by the judge.
• D)explain how a foreman is elected.

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Definitions:

Preferred Stock

A class of ownership in a corporation with a specified dividend that must be paid out before dividends to common stockholders.

Common Stock

A type of equity ownership in a corporation, representing a claim on a portion of the profits and assets.

Subscriptions Receivable-Common Stock

An account representing amounts due from subscribers who have agreed to buy shares of common stock, not yet paid for.

Paid-In Capital in Excess

Funds received from investors above the par value of the shares issued, also known as additional paid-in capital.