Examlex
All of the following statements are true concerning immunity and gender EXCEPT:
Equipment
Tangible property used in the operation of a business that is not intended for sale in the ordinary course of business.
Acquisition Differential
The disparity between the acquisition cost and the fair market value of the identifiable net assets obtained.
Cumulative Preferred Shares
Type of preferred stocks where dividends accumulate if not paid in a given year, and must be paid out before common stock dividends can resume.
Surplus (Deficit)
The financial position that results when total revenues exceed (surplus) or are less than (deficit) total expenses.
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