A Disaster Is Defined As

question 17

Multiple Choice

A disaster is defined as:

• A) Any event or situation that results in multiple casualties and/or deaths
• B) A catastrophic and/or destructive event that disrupts normal functioning
• C) An industrial accident and unplanned release of nuclear waste
• D) An event that that results in human casualties that overwhelm the available health care resources

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Definitions:

Outstanding Shares

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

Corporation

A legal entity owned by shareholders, with the characteristic of limited liability, and capable of owning assets, suing or being sued.

Charter

A charter is a legal document that establishes a corporation or municipality and defines its rights, privileges, and purposes.

Total Stockholders' Equity

The total value of a company's assets minus its liabilities, representing the equity stake of investors in the company.