Which of the following statements is true about jury selection?
A) The process of questioning potential jurors to determine if they will render an unbiased opinion is called volte face.
B) Attorneys must give a reason for rejecting potential jurors under peremptory challenges.
C) Attorneys are given an unlimited number of peremptory challenges during jury selection.
D) Race-based and gender-based peremptory challenges are banned in civil cases.
D
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The periodic payments on equity securities are called
A. interest payments. B. dividends. C. equity shares. D. stock repurchases.
The par value of the common stock represents the
A) amount entered into the corporation's Common Stock account when a share is issued. B) liquidation value of the stock. C) market value of a share of stock. D) amount the corporation received when the stock was issued.
Pia and Ramona are partners who share income in the ratio of 3:2. Their capital balances are $80,000 and $120,000 respectively. Income Summary has a credit balance of $40,000. What is Ramona's capital balance after closing Income Summary to Capital?
A) $140,000 B) $136,000 C) $96,000 D) $144,000
What equity and loyalty issues are involved?
What will be an ideal response?