Federal Judges

question 52

Multiple Choice

Federal judges

• A) serve lifetime terms.
• B) are appointed by the president.
• C) may be impeached and removed from office.
• D) are approved by the Senate.
• E) All of the above are true.

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Definitions:

Net Loss

The amount by which expenses exceed revenues in a given period, resulting in a negative net income.

Par Value

The nominal or face value of a stock or bond, representing the value stated in the corporate charter or on the certificate.

Common Stock

An equity instrument indicating ownership in a company, which provides the holder with voting privileges and a share in the company's profits through dividends.

Stockholders' Equity

The portion of a company's capital that is owned by its shareholders, calculated as the company's total assets minus its total liabilities.