____ Refer to the Deployment of People to Various Functions

question 22

Multiple Choice

____ refer to the deployment of people to various functions and departments.

• A) Professionalism
• B) Specialization
• C) Personnel ratios
• D) Hierarchy of authority

Understand fundamentals and purposes of various legal letters (demand, opinion, informative, confirmation).

Comprehend the structure and components of legal correspondence.

Grasp the importance of objective and factual presentation in legal documents.

Understand the roles and restrictions of paralegals in preparing legal letters.

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Definitions:

Preference Shares

Preference shares are shares of a company's stock with dividends that are paid out to shareholders before common stock dividends are issued.

Ordinary Shares

Shares that have no specific rights to any distributions of profit by the company. Ordinary shareholders obtain what is left after all other parties’ claims have been met.

Liquidation

The process of converting assets into cash or paying off liabilities in order to close down a business.

Liquidations

The process of winding up a company's financial affairs by selling off assets to pay creditors and distribute any remaining assets to shareholders.