A Corporation's Distribution of Additional Shares of Its Own Stock

question 106

Multiple Choice

A corporation's distribution of additional shares of its own stock to its stockholders without the receipt of any payment in return is called a:

• A)Stock dividend.
• B)Stock subscription.
• C)Premium on stock.
• D)Discount on stock.
• E)Treasury stock.

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Definitions:

Warnings

Notices given to consumers or users about the potential risks or dangers associated with a product or service to mitigate liability.

Product Itself

Refers directly to the tangible or intangible goods being offered or sold to consumers.

Product Liability Law

Legal principles that hold manufacturers, distributors, suppliers, and retailers accountable for any damages caused by defective or dangerous products.

Tort Law

An area of law that deals with civil wrongs and damages, not arising out of contractual obligations, that one party suffers at the hands of another.