Costs Generally Are Awarded to the Prevailing Party in Litigation

question 18

Multiple Choice

Costs generally are awarded to the prevailing party in litigation.Those costs usually include:

• A) filing fees.
• B) service-of-process fees.
• C) deposition transcript costs.
• D) all of the above.

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Definitions:

Cumulative Preferred Stock

A type of preferred stock whose dividends accumulate if not paid in a given year and must be paid out before common stock dividends.

Dividends Per Share

The amount of dividend that a company pays out to each shareholder, expressed on a per share basis.

Common Stock

A type of security that represents ownership in a corporation, entitling the holder to vote on corporate matters.

Par Value

The face value of a bond or stock as stated by the issuing company.