Examlex
The stockholders' equity in a corporation consists of capital contributed by stockholders and retained earnings.
Losing Party
is the individual or group that does not prevail in a legal contest, having the court's decision rendered against them.
Higher Court
A court of law that has the authority to hear appeals and review cases from lower courts.
Appeal
The process of seeking a higher court's review of a lower court's decision with the goal of having it reversed or modified.
Appellate Courts
Courts that review and reconsider cases previously judged in lower courts to ensure the law was applied correctly.
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