Examlex
In this selection Bedau first draws an analogy between self-defense and the death penalty. Just as in defending ourselves we are to use no more force than is necessary to prevent harm, so in punishing criminals we are to use no more violence than is necessary to adequately punish the criminal. Bedau then argues that neither the deterrence nor the retributive argument for capital punishment is a good argument. He thinks that the literal application of the lex talionis is barbaric and that long-term imprisonment is adequate punishment.
-Blum avers that like the swastika, the Confederate battle flag is a racist symbol.
Stockholders' Equity
The residual interest in the assets of a corporation that remains after deducting its liabilities, representing the owners' share of the company.
Paid-in Capital
The amount of money that shareholders have invested in a company through the purchase of stock, above the par value of the shares.
Retained Earnings
Accumulated profits of a corporation that have been kept in the business and not paid out as dividends. Retained Earnings is part of stockholders’ equity.
Preferred Stock
A class of ownership in a corporation with a fixed dividend, receiving priority over common stock in dividend distribution and asset liquidation.
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