The person least likely to receive a payment from a corporation in a year of losses is the
A) bank that loaned money to the corporation.
B) bondholder.
C) preferred stockholder.
D) common stockholder.
D
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In the legal sector, some practice areas have declined in recent years
For example, personal-injury and medical-malpractice cases have been undercut by state laws limiting class-action suits, out-of-state plaintiffs, and payouts on damages, and securities class-action litigation has declined in part because of a buoyant stock market. How does this affect the market for lawyers? A) The quantity of lawyers demanded decreases and this is represented by a movement along the demand curve. B) The supply of lawyers shifts to the left. C) The demand for lawyers shifts to the left. D) Both the demand and supply curves decrease.
Efforts by firms to secure patents increase the amount of competition in the affected markets
Indicate whether the statement is true or false