Assume that 2,000 shares of common stock with a par value of $12 and a market price of $16 per share are issued in exchange for land with a fair market value of $32,000.
Definitions:
Self-Defence
The right to respond to an assault with as much force as is reasonable in the circumstances.
Assault And Battery
Legal terms where "assault" refers to the threat of bodily harm, while "battery" refers to the actual physical impact on another person.
Consent
Voluntary agreement or permission given by a person with full understanding of the matters involved.
Tort Of Defamation
A legal wrong involving making false statements about someone that damage their reputation.
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