In Cooper Tire V

question 395

True/False

In Cooper Tire v.Mendez,involving a blown tire in a serious accident,the Texas high court held that because the expert witness for Mendez was not reliable,Mendez had the right to have another trial with a qualified witness.

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Definitions:

Shares Outstanding

The total number of shares of a corporation's stock that are currently owned by all shareholders, including share blocks held by institutional investors and restricted shares.

Common Stock

Equity shares issued by a company giving shareholders voting rights and a residual claim on corporate earnings and assets.

Par Value

Par value is the nominal or face value of a stock or bond as stated by the issuer, which might not reflect its market value.

Shares

Units of ownership interest in a corporation or financial asset, which provide dividends and voting rights to the shareholder.