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Thomas Hobbes | Of the Natural Condition of Mankind as Concerning Their Felicity and Misery; Of the First and Second Natural Laws and of Contracts
Hobbes first discusses the state of war in which men live before a common power can bring them together in civil society. By virtue of the natural and fundamental laws of nature, peace and cooperation can be attained only when man is willing to renounce a right to benefit someone else. A contract is the mutual transferring of right. Only then can lawful and just civilization develop.
-According to Hobbes, men are generally ___________ in both faculties of body and mind.
Capital Stock
The total amount of a company's stock (both preferred and common) authorized for issuance, representing ownership in the company.
Preferred Stock
A class of stock that typically offers dividends and claim on assets before common stockholders but usually does not have voting rights.
Common Stock
A form of corporate equity ownership, a type of security representing an ownership interest in a corporation.
Capital Stock
The total amount of shares that a company is authorized to issue, representing the main source of equity for the company.
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