Injunctions Are Frequently Used by Courts to Force Employees to Complete

question 10

True/False

Injunctions are frequently used by courts to force employees to complete their contractual obligations with their employers.

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Definitions:

Noncumulative Preferred Stock

A type of preferred stock where dividends not paid in one period do not accumulate or have to be paid in future periods.

Noncumulative Preferred Stock

A type of preferred stock where missed dividend payments are not required to be paid to the shareholders in the future.

Par Value

The face value of a bond or the stock value stated in the corporate charter, which is the minimum legal capital per share.

Dividend

A portion of a company's earnings distributed to shareholders, representing a share of the corporate profits.