The Local Legal Culture Is Comprised of

question 9

Multiple Choice

The local legal culture is comprised of

• A) police, courts, and corrections
• B) adversaries, inquisitors, and administrators
• C) the courtroom work group, going rate, and administrative decisions
• D) prosecutors, defense attorneys, and judges

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Definitions:

Dividend

A portion of a company's earnings distributed to shareholders, representing a share of the corporate profits.

Noncumulative Preferred Stock

A type of preferred stock where missed dividend payments are not accumulated. Investors are not entitled to claim missed dividends in the future.

Par Common Stock

The face value of common stock as stated in the corporate charter; often a nominal amount that has no relation to its market price.

Dividend

A payment made by a corporation to its shareholders, usually as a distribution of profits.