What Has Been the Outcome of Lawsuits Filed Against Tobacco

question 1

Multiple Choice

What has been the outcome of lawsuits filed against tobacco companies for harm caused by cigarette smoking?

• A) lawsuits filed by individuals and families have been more successful than class-action lawsuits
• B) class-action lawsuits have been more successful than lawsuits filed by individuals and families
• C) lawsuits filed by individuals and families and class-action lawsuits have both been largely successful
• D) neither class-action lawsuits nor those filed by individuals and families have been successful

---

Definitions:

Common Dividend Payable

Liabilities on a company's balance sheet representing the amount of dividends that are owed to shareholders on common stock.

Shares Outstanding

Shares outstanding refer to all shares currently owned by shareholders, including restricted shares owned by company insiders and share blocks held by institutional investors.

Common Stock

A form of corporate equity ownership, a type of security that represents ownership in a corporation and gives holders voting rights and a share in the company's profits via dividends.

Paid-In Capital

Funds that shareholders contribute to a company in exchange for equity, beyond the par value of the shares.