Question 4 A "class action" is a lawsuit brought by one plaintiff on behalf of a large group of persons who encountered the same basic factual situation that is subject to the same basic legal rule. If approved by the court to proceed as a class action, and the plaintiff wins, the judgement and damages will be awarded to and measured by the total injury/harm to the entire group of plaintiffs. True 2 pts O False

Entries for selected corporate transactions Jan. 15. Pad conh dividends of 50.12 per shere on the common stock. The dividend had been properfy recordes when dectares on December 1 of the preceding fiscal yeur for $58,320. Merr. 15. Sold of of the treasury stode for 518 per shure; Abe 13. twaed 105,000 shares of common stock for $16 per thare. Why is. Isweed stook for the stock dindend declared on line 14. Oct. 30. Nurchased 34,000 share of treasury stock for $20 per shave: Dec, 30. Dedared a 30.15 per-share dividend on commen stock. 7t. Cosed the two dividents accounts to Hetained Carnings. Retpuired: Bevpuirest: Comime slock Paid-fa Capitat in txoess of stated Value-Common stock. \begin{tabular}{|c|c|c|} \hline \multicolumn{3}{|c|}{ Betained farnings } \\ \hline & Tan i bel. & 4075,000 \\ \hline & Dersat = & \\ \hline & peci an nas: & \\ \hline \end{tabular} stook cowidends oistriturable fateck owidrnats Cash Bivileveds Iune 14. Decturod a 4\% on common stock, to te capstalted a the morkit price of the stock, which is $18 per share Dec 30 , Dectared a s0.15 per shore dividerid on convon stock