Stare Decisis Is a Latin Term That Means

question 11

Multiple Choice

Stare decisis is a Latin term that means

• A)"stand by the thing decided."
• B)"stand by the precedent decided."
• C)"stand for the decision."
• D)"stand for the case decision." ​

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Definitions:

Common Stock

Refers to shares that represent ownership in a corporation, providing voting rights and dividends, but with no fixed dividend rate.

Shares Outstanding

The total number of a company's shares that are currently owned by shareholders, including restricted shares.

Reacquired

Refers to assets or shares that a company buys back from investors or shareholders.

Par Common Stock

The nominal or face value assigned to common stock shares in the articles of incorporation.