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Identify the four steps to an action for the tort of negligence and explain the significance of establishing an affirmative response at each step in the process.Briefly explain the significance of whether a case at bar that does not present a novel situation.
Retained Earnings
The portion of a company's profits that is kept or retained and not paid out as dividends to shareholders.
Common Stock Account
An equity account that represents the ownership interests of common shareholders in a corporation, reflecting the invested capital and retained earnings.
Reverse Stock Split
A reverse stock split is a consolidation of shares that decreases the total number of outstanding shares and increases the share price proportionately.
Market Value
The existing price for buying or selling an asset or service in the marketplace.
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