Par value is indicative of the worth or market value of the stock.

Moody v Albermarle Paper Co

(a)All-white supervisors using subjective and vague standards to rate black employees is discriminatory (b)There is an assumption that of workers in the later years their work life are in a decline stage (c)Trait ratings can be subjective and biased and are not usually based on job content (d)Irrespective of the work they were doing, employees were rated against each other without establishing any criteria for job-related performance

Inter-Ocean Transfer owns 12 large cargo ships which transport goods. Inter-Ocean Transfer can obtain physical damage insurance on these vessels by purchasing

A) hull insurance. B) cargo insurance. C) protection and indemnity insurance. D) freight insurance.