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Gal Runs a Music Store

question 59

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Gal runs a music store. He has a desktop computer in the back room that acts as a server. He has a point-of-sale terminal that connects to the desktop. He also has a notebook (using in-store wireless access to the Internet) that can be carried around the store to look up current items in stock, or to search for items from one of his suppliers for special orders. Which type of media does he likely use to connect the point-of-sale terminal to the desktop?

Comprehend the legal principles regarding the capacity to enter into contractual agreements.
Understand the concepts of income redistribution and its impact on societal welfare.
Identify the arguments for and against income redistribution.
Differentiate between various theories of justice (Utilitarian, Rawlsian) regarding income distribution.

Definitions:

Treasury Stock

Shares that were once issued and outstanding but were later bought back by the company, reducing the amount of outstanding stock on the open market.

Cash Dividend

A payout from a corporation's profits, determined by its board of directors, provided to a specific group of its stockholders as cash.

Authorized Shares

The maximum number of shares that a corporation is legally permitted to issue, as outlined in its articles of incorporation.

Noncumulative

Pertains to certain preferential shares or rights that do not have the feature of accumulating unpaid dividends or benefits, contrasting with cumulative counterparts.

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