Trial Courts in the Federal Judicial System Are Called

question 49

Multiple Choice

Trial courts in the federal judicial system are called

• A)grand juries.
• B)district courts.
• C)appellate courts.
• D)civil courts.

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Definitions:

Paid-in Capital

The amount of money that a company receives from issuing shares of stock, recorded in the shareholders' equity section of the balance sheet.

Scrip Dividend

A method of paying dividends in the form of additional shares instead of cash.

Earnings Per Share

A financial ratio that measures the portion of a company's profit allocated to each outstanding share of common stock.

Declaration Date

The specific day on which a company’s board of directors announces its intent to pay a dividend to shareholders.