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Jurors selected to serve on a civil trial jury are called grand jurors.
Preferred stockholders have first claim on the assets of a corporation if the corporation
dissolves.
A(n) ____________________ occurs when a group of investors buy all the stock of a
public corporation and convert it into a private corporation.
A person only slightly intoxicated is not considered to be an incompetent party.
The initial step toward forming a contract is a process called ____________________.
Jenny feels that she suffered emotional distress because of what her friend Margaret
told her. She decided to sue. What must Jenny prove in court in order to be successful in
her lawsuit against Margaret?
The sum of money given to the landlord to ensure that the tenant lives up to the lease's
terms is called a(n) ____________________.
An agent who suffers a loss while acting for a principal is entitled to
____________________ from the principal.
The sole purpose of an estate plan is to dispose of a person's property upon that person's
death.
