Examlex
Techcom Ltd.pays dividends to its shareholders,irrespective of the market status.Which of the following can be inferred about Techcom Ltd.based on its dividend policy?
Limit Liability
A legal principle or provision that caps the amount one can be held responsible for in case of damage or loss.
Stop-payment Order
A request made to a bank by an account holder not to pay a check or transaction previously authorized.
Negligence
The failure to take reasonable care to prevent harm to others that a reasonably prudent person would have taken under the same circumstances.
Check 21 Act
A U.S. federal law that facilitates check truncation by creating a new type of negotiable instrument called a substitute check.
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