In Alston V

question 51

Multiple Choice

In Alston v. Advance Brands and Importing Company, Alston sued to prevent advertising of alcohol because it influenced children. He was found not to have standing for each of the reasons below except:

• A) Alston did not evidence any actual injury.
• B) Alston's children bought liquor using money provided by Alston, so he was at fault.
• C) Alston could not show that a proper remedy was available.
• D) Even if injury could be shown, the injury was not direct because Alston's alleged injury was not directly connected to the defendants and was broken by third-party sellers who criminally sold to minors.

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Definitions:

Dividend Yield

A financial ratio that shows how much a company pays out in dividends each year relative to its stock price.

Payout Ratios

Payout ratios indicate the proportion of earnings a company pays to its shareholders in the form of dividends, usually expressed as a percentage of net income.

Price-Earnings Ratio

A valuation ratio of a company's current share price compared to its per-share earnings (EPS), used to evaluate if a stock is under or overvalued.

Percentage Change

Percentage change refers to the measure of the degree of change over time, calculated as the difference between two values divided by the original value, times 100.