Timothy Calibe Owns Common Stock in XYZWidgets

question 128

Multiple Choice

Timothy Calibe owns common stock in XYZWidgets.com.To reduce his business failure risk,he should

• A) Buy more common stock in XYZWidgets.com.
• B) Buy preferred stock in XYZWidgets.com.
• C) Buy bonds in XYZWidgets.com.
• D) Continue to evaluate his investment in XYZWidgets.com after the purchase.
• E) Any of these would reduce his business failure risk.

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Definitions:

Peremptory Challenge

In a jury trial, the right of the plaintiff and the defendant in jury selection to reject, without stating a reason, a certain number of potential jurors who appear to have an unfavorable bias.

Challenge for Cause

The legal right in jury selection for the defense or prosecution to request the removal of a juror based on specified reasons that suggest partiality or incompetence.

Jury Selection

The process of choosing jurors who will serve on a trial jury from a pool of candidates.

Minitrial

A type of conflict resolution in which lawyers for each side present their arguments to a neutral adviser, who then offers an opinion as to what the verdict would be if the case went to trial. This decision is not binding.