A Dividend That Represents a Return to the Stockholders of a Part

question 162

True/False

A dividend that represents a return to the stockholders of a part of their paid-in capital rather than a distribution out of retained earnings is called a liquidating dividend.

Recognize the necessity of insurable interest in insurance policies.

Identify different types of insurance and how general principles of insurance law apply to them.

Analyze legal issues involved in insurance claims related to misrepresentations and their impact on the validity of the insurance contract.

Understand the concept of indemnity in insurance and how it prevents profiting from insurance claims.

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Definitions:

Typological Approach

The research strategy that focuses on identifying types of individuals. Each type is characterized by a particular pattern of traits.

Private Self-consciousness

An individual’s tendency to introspect and examine their own inner thoughts and feelings.

Public Self-consciousness

An awareness of how one is viewed by others, leading to heightened sensitivity about one's appearance and actions in social contexts.

High Self-monitor

An individual who is keenly aware of social cues and adjusts their behavior accordingly in varying social situations to achieve social acceptability.