Of the Following, the More Precise Description of a Share

question 9

Multiple Choice

Of the following, the more precise description of a share of stock is

• A) An indication of an obligation
• B) A form of unsecured debt
• C) An evidence of ownership
• D) A kind of security

Appreciate the balance between the freedom of contract and legal constraints.

Understand the principle of promissory estoppel and its relationship with the concept of consideration in contract law.

Analyze the limitations and conditions under which promissory estoppel is available as a defence or claim in contract disputes.

Apply the concept of promissory estoppel to real-life contractual disputes and assess the potential outcomes.

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Definitions:

Braden Scale

An assessment tool used in healthcare to predict the risk of developing pressure ulcers by evaluating factors like mobility, moisture, and activity.

Aggressive Prevention

Proactive measures taken to avoid or mitigate potential health problems or risks.

Long-Term Care

A range of services and support systems provided over an extended period to individuals who cannot perform everyday activities due to chronic illnesses, disabilities, or aging.

Reassess

The process of evaluating again, particularly in the context of a patient's condition or situation, to determine if changes or adjustments in care are needed.