Describe What You Learned About the Foursquare Protocol

question 70

Essay

Describe what you learned about the Foursquare protocol.

---

Definitions:

Common Stockholders

Owners of common stock in a corporation, who have voting rights and may receive dividends, but are typically last in line to receive assets in the event of liquidation.

Stockholders' Equity

The residual assets of a company that belong to the shareholders, calculated as total assets minus total liabilities.

Liabilities

Financial obligations or debts that a company owes to others, reflecting amounts that must be paid in the future.

Authorized Shares

The maximum number of shares a corporation is legally allowed to issue, as stipulated in its articles of incorporation.