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Explain What Is Meant by Revocation of Probation

question 45

Essay

Explain what is meant by revocation of probation. List and discuss the ways a person could have his or her probation revoked.


Definitions:

Stock Dividend

A dividend payment made in the form of additional shares rather than a cash payout, increasing the total number of shares owned by shareholders.

Shares Outstanding

The total number of shares of stock that have been issued and are currently owned by shareholders.

Book Value

The value of an asset as recorded on the balance sheet, calculated as the cost of the asset minus any depreciation.

Par Value

The nominal or face value of a bond, stock, or coupon as stated by the issuer.

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