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Under the plain view doctrine, an officer can seize an incriminating object in his or her view, even if it is in a vehicle, as long as the officer is legally present when the object is seen.
Sufficient Cash
Adequate monetary resources available to a business for meeting immediate and short-term obligations.
Stock Dividends Distributable
A portion of retained earnings that has been declared as a dividend to be paid in the form of additional shares of the company's stock rather than cash.
Current Liability
Financial obligations that a company is expected to settle within one year or within its operating cycle, whichever is longer.
Public Corporation
A company whose shares are traded freely on a stock exchange, owned by public investors, and subject to specific disclosure and regulatory requirements.
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