Do You Believe That There Is a Higher Law Than

question 98

Essay

Do you believe that there is a higher law than the Constitution? What is it? Why is this concept "dangerous to republican government"?

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Definitions:

Stock Dividend

Instead of cash, a company distributes additional shares to its shareholders as a form of payment.

Total Stockholders' Equity

The total net value owned by the shareholders of a company, calculated as the difference between total assets and total liabilities.

Common Stock Dividends Distributable

A liability recorded on a company's balance sheet for dividends declared on common stock but not yet paid to shareholders.

Paid-in Capital

The amount of money a company has received from shareholders in exchange for shares of stock.