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Julie owns a gun and has for several years. She is arrested for possession of a firearm within the city where she lives. The day following her arrest, the city passes a law making gun ownership of any kind illegal and punishable by a year in jail for the first offense. Julie is sentenced to one year and a day in prison.
Stock
Shares of ownership in a corporation, representing a claim on part of its assets and earnings.
Investors
Individuals or entities that allocate capital with the expectation of receiving financial returns.
Income Statement
A financial report that outlines a company's revenues, expenses, and profits over a specific period, typically a quarter or year, to show its performance.
Market Value
The amount for which something can be sold on a given market.
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