Examlex
The courts readily enforce a covenant not to compete during the period of employment.
Stock Split
A corporate action to increase the number of shares, reducing the price per share correspondingly without changing the market capitalization.
Par Value
A nominal value given to a security or stock specified by the issuing company, which may not necessarily reflect its actual market value.
Dividends Payable
A liability account that records the amount of dividends that a company has declared but not yet paid to its shareholders.
Cash
denotes money in the form of currency, including banknotes and coins, which is used to conduct transactions.
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