Section 706(e) (2)of Title VII Was Inserted by the 1991

question 26

Multiple Choice

Section 706(e) (2) of Title VII was inserted by the 1991 amendments in response to which court decision?

• A)Massenburg v. Innovative Talent Solutions, Inc.
• B)Lorance v. AT&T Technologies, Inc.
• C)EEOC v. McClane Company, Inc.
• D)None of these answers.

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Definitions:

Contributed Capital

Also known as paid-in capital, it represents the total value of all assets contributed to a company by its shareholders in exchange for shares of stock.

Treasury Stock

Shares of a company's own stock that it has reacquired from shareholders but not retired, held as an asset on the balance sheet.

Premium

The amount by which the price of a financial instrument or asset exceeds its par or face value; also refers to the cost paid for an insurance policy.

Owners' Equity

The residual interest in the assets of a business after deducting liabilities, representing the ownership stake.