An example of an automatic stabilizer is tax receipts falling when the GDP rises.
Automatic stabilizers are parts of government budgets that, when the economy worsens, increase spending or decrease taxes without the consent of lawmakers. Automatic stabilizers can lower tax responsibilities for households during a recession while also providing cash and in-kind benefits, and they don't require any new legislation or changes to the tax structure.
By boosting aggregate demand during difficult times and when the economy most needs a boost, automatic stabilizers not only assist families facing financial difficulties but also the wider economy. Automatic stabilizers typically phase down or turn off when things are better. The majority of automatic stabilizers are federal; as states and localities typically have to balance their budgets, they are unable to run significant deficits during economic downturns.
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1. After the passage of the 13th, 14th, and 15th Amendments, African Americans continued to experience political and economic oppression mainly because
A. the amendments were not intended to solve their problems
B. many African Americans distrusted the federal government
C. Southern states enacted Jim Crow laws
D. poor communications kept people from learning about their legal rights
2. Sierra stands in line at her polling place to vote in the election. She is happy that women were granted the right to vote so she can voice her opinion thanks to this amendment!
A. 15th Amendment
B. 19th Amendment
C. 24th Amendment
D. 26th Amendment
3. What was the purpose of the 13th amendment to the Constitution?
A. to give women the right to vote
B. to allow the Confederate States to re-enter the Union
C. to give African Americans the right to vote
D. to abolish slavery
4. What was the purpose of the 13th amendment to the Constitution?
A. It freed the slaves
B. It led to less segregation
C. It led to more segregation
D. It gave equal protection of the law
5. What was the primary reason for the ratification of the 14th Amendment in 1868?
A. to make slavery illegal in the United States
B. to uphold the legality of "separate but equal"
C. to guarantee citizenship rights to African Americans
D. to allow former Confederate officials to hold public office
6. After the Civil War, the purpose of adding the 13th, 14th, and 15th Amendments to the Constitution was to
A. expand educational opportunities for African American men
B. allow women to become full citizens
C. guarantee African Americans equal treatment under the law
D. extend constitutional rights to new territories
7. What was the purpose of the 15th amendment ratified in 1870?
A. to establish a federal income tax
B. to give African American males the right to vote
C. to give women the right to vote
D. to officially end the "Reconstruction Era"
8. John is struggling to pay his bills since he got hurt at work. He is thankful that when he goes to vote in the next election, he doesn’t have to pay a poll tax thanks to this amendment.
A. 15th Amendment
B. 19th Amendment
C. 24th Amendment
D. 26th Amendment
9. Damian just turned 18 years old. He can’t wait to cast his vote for the first time in the election this year thanks to this amendment.
A. 15th Amendment
B. 19th Amendment
C. 24th Amendment
D. 26th Amendment
10. The Plessy v. Ferguson decision and the concept of “separate, but equal” thinking was overturned by what follow-up case in 1954?
A. Marbury v. Madison
B. Tinker v. Des Moines
C. Worcester v. Georgia
D. Brown v. Board of Education
Answer:
1. C
2. B
3. D
4. A
5. C
6. C
7. B
8. C
9. A
10. D
Explanation:
discuss why a stable rule of law and protection of property rights through a judicial system is critical to growth in developing countries
Stable rule of law and protection of property rights create an environment that supports economic growth, investment, innovation, and social stability in developing countries. It provides the necessary foundations for individuals and businesses to thrive, fostering long-term development and prosperity.
Encouraging investment: Investors, both domestic and foreign, are more likely to commit their resources and capital in countries where property rights are protected. A secure legal framework ensures that individuals and businesses can own and use property without fear of unlawful seizure or infringement.
Facilitating economic transactions: A well-functioning judicial system provides a reliable mechanism for enforcing contracts and resolving disputes. This certainty allows businesses and individuals to engage in economic transactions with confidence, as they have recourse to legal remedies in case of any breaches or conflicts.
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The United States is on par with Russia in having more persons per capita in prison. Is that a sign that the United States is a nation that enforces its laws, or is it an
indication that something is inherently wrong with its criminal justice system? Please explain and then respond to a
According to the criminal justice system, the United States is the one that enforces the laws, and the poor are disproportionately represented in the prison population.
What is criminal?
The person who committed a crime is referred to as a "criminal." A individual is legitimately arrested if they are the indifferent perpetrator of the crime. Lawbreakers are classified into four types: persistent, moralistic, juridical, and organized. The perpetrator must be punished by the court.
According to the criminal justice, the United States is the one that writes the laws, and the crimes police are overburdened. A substantial proportion of the poor end up in prison.
Hence, the significance was the criminal aforementioned.
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What is the difference between jails and prisons? Why is it important to understand the difference?
Answer: Jails and prisons are two different types of correctional facilities that serve distinct purposes and have different characteristics.
Jails are temporary holding facilities typically run by local governments. They are used to detain individuals who are awaiting trial or sentencing, or who have been sentenced to a short term of imprisonment (usually less than one year). Jails are generally smaller and less secure than prisons, and they often do not have the same range of programs and services as prisons.
Prisons, on the other hand, are long-term facilities that are run by state or federal governments. They are designed to house individuals who have been sentenced to a term of imprisonment for a serious crime (usually more than one year). Prisons are generally larger and more secure than jails, and they typically have a wide range of programs and services aimed at rehabilitation and reintegration into society.
It is important to understand the difference between jails and prisons because the type of facility an individual is placed in can have a significant impact on their experience and outcome. For example, the programs and services available in prisons can play a key role in rehabilitation and reducing recidivism, whereas the lack of such programs in jails can contribute to a cycle of reoffending. Understanding the difference between jails and prisons can also help to inform policy decisions related to criminal justice and the correction system.
Explanation:
which school of jurisprudential thought emphasizes using law as a tool for market efficiency while solving legal disputes?
The school of jurisprudential thought that emphasizes using law as a tool for market efficiency while solving legal disputes is the Law and Economics School. The Law and Economics School approach to jurisprudence uses economic principles to determine the legal rules, and policies that would most effectively improve social welfare.
The Law and Economics School is a school of jurisprudential thought that emphasizes using law as a tool for market efficiency while solving legal disputes. It has been said that this approach emerged from the work of neo-classical economists such as Ronald Coase and Richard Posner. The Law and Economics School argues that the efficiency of the market can be used as a tool to solve legal disputes. This approach assumes that people are rational actors who make decisions based on self-interest.
Therefore, the Law and Economics School argues that the law should be designed to promote the efficient allocation of resources and to minimize the costs of legal disputes.In conclusion, the Law and Economics School is a school of jurisprudential thought that emphasizes using law as a tool for market efficiency while solving legal disputes. The Law and Economics School argues that the efficiency of the market can be used as a tool to solve legal disputes. This approach assumes that people are rational actors who make decisions based on self-interest.
Therefore, the Law and Economics School argues that the law should be designed to promote the efficient allocation of resources and to minimize the costs of legal disputes.
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why Allah created you? and why Allah create earth and sky?
Answer:
allah has created us to worship him only and no one else
in elicitation, how this statement helps you in obtaining information during casual conversation, "if you know something, pretend that you know".
This statement in elicitation simply helps to gather information without directly conveying the contents .
What is elicitation and how ''pretend that you know'' helps?Elicitation is simply the means of obtaining or conveying information in expect of a response without directly throwing any questions or talks.When one wants to get more specific information from the opponent , uses the phrase if you know something pretend that you know.In elicitation it is a phenomena , a way to talk and to proceed to a ask and take the benefit behavior.By putting someone into the conversation one can predict to get the information as one wants.To know more about elicitation visit:
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What parties actually take part in a criminal act
Answer: principles, accomplices, and accessories
Explanation:
The parties who actually take part in a criminal act are classified into two as follows:
PrincipalAccessoriesWhat is a crime party?The principal can be classified into:
Primary principalSecondary principal.A primary principal engages in a criminal act that causes offense to another individual. On the other hand, the secondary principal is a witness and supports the crime.
Accessories do not participate in the crime but help the principal. Accessories may be classified into:
Accessories before the factAccessories after the fact.Thus, the parties who actually take part in a criminal act are classified into Principal and Accessories.
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1. Which theory discussed in the lesson do you think best explains why crime happens? Why do you think that this theory is best?
Answer:
What theory did it discuss in the lesson? once you tell me then I can help.
Explanation:
what is the difference between sheriff and police
Answer:
Police are responsible for the prevention of crime within city limits. A sheriff is responsible for an entire county.
Explanation:
Larry is told by Moe that Curly stole his prized business law book from his car. The next day Larry confronts Curly and slaps him repeatedly for stealing his book. Curly had Larry arrested for slapping him. Larry sues Curly for damages in the amount of the book and for maliciously having him arrested. Claiming that he lied, Curly sues Moe for defamation. The lawsuit Larry has against Curly for damages for stealing his book involves which of the following?
a. Public law.
b. Private law.
c. Administrative law.
d. Both public and private law.
Answer:
i think its D
Explanation:
Both public and private law as the lawsuit Larry has against Curly for damages for stealing his book. Hence, option D is correct.
What is lawsuit?A lawsuit is a civil legal proceeding in which one party files a claim against another the defendant, and the court makes the final decision.
Depending on the remedy sought and the jurisdiction where the plaintiff filed the complaint, a lawsuit filed in court to seek relief from or a remedy for a claimed injury may be tried by a court of law or a court of equity.
A lawsuit typically involves issues like breach of contract, financial difficulties, bodily harm, or property damage. The purpose of a lawsuit is for the plaintiff to demand that the defendant make amends for the wrongdoing or pay damages.
Thus, option D is correct.
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Under California regulations, a vacant lot that is suitable for construction of a three-unit dwelling would be considered:
Residential property
Non-residential property
Personal property
Business property
Under California regulations, a vacant lot that is suitable for construction of a three-unit dwelling will be residential property. Option(a) is correct.
In California, real property is classified as either commercial or residential based on its intended use. Residential property is generally defined as property that is used or intended to be used for dwelling purposes, including single-family homes, apartments, and condominiums.
On the other hand, commercial property is defined as property that is used or intended to be used for commercial or business purposes, such as office buildings, retail stores, and industrial facilities.
A vacant lot that is suitable for construction of a three-unit dwelling would be considered residential property because it is intended to be used for dwelling purposes. Option (a), is correct.
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critically examine any ethical system or code (e.g., a religious cod or system used in business or any of the professions), and show how each of the do/ don'ts of this code apply to the various aspects of morality
Answer:
I am writing on principal of disclosure in business ethics. As per the principal, a finance professional shall not disclose his or hr clients personal information to someone other, for his or her own personal benefit. This concept directly relates to general morality as one should not use others confidential and resources for personal gain.
Although this code prohibits disclose but in case, the professional gets to know something illegal happening, then he or she is obliged to disclose that data to concerned authorities.
What are the conflict and consensus paradigms of law?
Mica is an employee of Natural Gas Company and a member of a union of company employees. Under federal law, Mica and other union members have the right to
Answer:
a. Bargain collectively with their employer through their representative.
Explanation:
As an employee of the company and a member of the union of the company's employees, Mica has certain rights that prioritize his interests over that of the company. It also ensures that he, along with the others, have the right to oppose any mistreatment by the company.
Under federal law, Mica and his other union members have the right to bargain with their employer through their representatives. This is their right under the federal law, which not even the Natural Gas Company can ignore or declare void or baseless.
Thus, the correct answer is option a.
What is the inverse o 4x^2 x 2?
An inverse in mathematics is a function that "undoes" another function. In other words, if f(x) produces y, then y entered into the inverse of f produces x. An invertible function is one that has an inverse, and the inverse is represented by the symbol \(f^{-1}\).
Step wise procedure:
∵f(x) = \(4x^{2}*2\)
⇒f(x) = \(8x^{2}\)
replace f(x) with y
⇒y = \(8x^{2}\)
now, interchange the variables
⇒x = \(8y^{2}\)
solve for y
⇒y = \(\frac{\sqrt{x} }{2\sqrt{2} }\)
⇒y = - \(\frac{\sqrt{x} }{2\sqrt{2} }\)
solve for y and replace with \(f^{-}(x)\)
\(f^{-}(x)\) = \(\frac{\sqrt{x} }{2\sqrt{2} }\) , \(-\frac{\sqrt{x} }{2\sqrt{2} }\)
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You are the legal advisor of a big advertising company, Clooney Ideas. They have a lot of clients and every month you get various Television Commercials (TVCs) ideas from the art director and concept writers to analyze and give legal clearance. This month the following concepts / idea were presented to you:
Idea # 1 (Japan Chai)
The TVC will show a skinny (thin) person fighting a wrestling match (kushti) at a village in interior Punjab. He is foiled miserably by his opponent (a big pahalwan). The skinny person is then approached by his friend who says “Japan cha sumo wrestler ki pehchan!” The skinny person has the tea and then immediately becomes a big fat sumo wrestler (like Yokozuna). In the next round he thrashes his opponent and wins. He is hailed by everyone in the village. In the last scene the skinny person says “Tussi bhi piyo! Sumo wrestler na banay to Rs. 1000 inam!”
Idea # 2 (Awami insect killer)
A person (famous cricketer Zameer Akram) is shown being bitten by mosquitos. He goes to a doctor and tells him that for some reason mosquitos love him. The doctor (who is the famous hero Fahad Khan wearing a lab coat) says, “Hum nay Awami insect spray, dus (10) patients per kiya, or 100% positive result raha!” In the next scene Zameer Akram is shown playing a night cricket match and all mosquitoes near him are falling dead immediately, a batsman who is about to face him also runs for his life like a mosquito. In the end Zameer Akram is shown holding Awami insect killer and saying “Awami mein hai Awam ki power!”
You are separately told by the makers of Awami insect killer that the 100% success rate is based on lab conditions i.e. the patients were exposed to rare breed of mosquitos found in Africa only. The spray will have very little effect on mosquitos found in Pakistan.
Idea # 3 (Dosti chewing gum)
A group of 6 friends will be shown in the first scene who are sitting idle and getting bored in a university. All of a sudden one of the friends pops out a box of dosti chewing gum and gives it to all of them. After eating the chewing gum, all of them get energized, start to run around, three friends are shown flying in the sky with wings. One of them is riding a flying horse. Two of the friends are shown getting on a rocket and flying to space. In the last scene all friends shout collectively “Dosti chewing gum is so friendly!”
Idea 4 (Afridi whitening cream)
In the first scene, three African Americans are shown trying to give trials for the Chinese basketball team. However, due to their skin tone they are rejected despite having exceptional skills. They go home depressed.
In the next scene their Pakistani friend comes to their place and says “You can be as fair as me, apply Afridi whitening cream for 30 days, if you don’t become fair, you three can win a ticket to Hawaii”
The three basket players are then shown using the Afridi whitening cream and growing fairer each day. Eventually all three of them turn into famous, Pakistani actors. They appear for basketball trials again and are selected for the Chinese team.
At the end of the TVC a voice over says, “Afridi whitening cream, world’s number 1 whitening cream”
Q-1 Discuss the legal implication for each of the above ideas. In particular, which ideas (from a legal perspective) are the best and the worst?
Q-2 Please elaborate how will you change the ideas to cover the legal risks involved.
Answer:
You are the legal advisor of a big advertising company, Clooney Ideas. They have a lot of clients and every month you get various Television Commercials (TVCs) ideas from the art director and concept writers to analyze and give legal clearance. This month the following concepts / idea were presented to you:
Idea # 1 (Japan Chai)
The TVC will show a skinny (thin) person fighting a wrestling match (kushti) at a village in interior Punjab. He is foiled miserably by his opponent (a big pahalwan). The skinny person is then approached by his friend who says “Japan cha sumo wrestler ki pehchan!” The skinny person has the tea and then immediately becomes a big fat sumo wrestler (like Yokozuna). In the next round he thrashes his opponent and wins. He is hailed by everyone in the village. In the last scene the skinny person says “Tussi bhi piyo! Sumo wrestler na banay to Rs. 1000 inam!”
Idea # 2 (Awami insect killer)
A person (famous cricketer Zameer Akram) is shown being bitten by mosquitos. He goes to a doctor and tells him that for some reason mosquitos love him. The doctor (who is the famous hero Fahad Khan wearing a lab coat) says, “Hum nay Awami insect spray, dus (10) patients per kiya, or 100% positive result raha!” In the next scene Zameer Akram is shown playing a night cricket match and all mosquitoes near him are falling dead immediately, a batsman who is about to face him also runs for his life like a mosquito. In the end Zameer Akram is shown holding Awami insect killer and saying “Awami mein hai Awam ki power!”
You are separately told by the makers of Awami insect killer that the 100% success rate is based on lab conditions i.e. the patients were exposed to rare breed of mosquitos found in Africa only. The spray will have very little effect on mosquitos found in Pakistan.
Idea # 3 (Dosti chewing gum)
A group of 6 friends will be shown in the first scene who are sitting idle and getting bored in a university. All of a sudden one of the friends pops out a box of dosti chewing gum and gives it to all of them. After eating the chewing gum, all of them get energized, start to run around, three friends are shown flying in the sky with wings. One of them is riding a flying horse. Two of the friends are shown getting on a rocket and flying to space. In the last scene all friends shout collectively “Dosti chewing gum is so friendly!”
Idea 4 (Afridi whitening cream)
In the first scene, three African Americans are shown trying to give trials for the Chinese basketball team. However, due to their skin tone they are rejected despite having exceptional skills. They go home depressed.
In the next scene their Pakistani friend comes to their place and says “You can be as fair as me, apply Afridi whitening cream for 30 days, if you don’t become fair, you three can win a ticket to Hawaii”
The three basket players are then shown using the Afridi whitening cream and growing fairer each day. Eventually all three of them turn into famous, Pakistani actors. They appear for basketball trials again and are selected for the Chinese team.
At the end of the TVC a voice over says, “Afridi whitening cream, world’s number 1 whitening cream”
Q-1 Discuss the legal implication for each of the above ideas. In particular, which ideas (from a legal perspective) are the best and the worst?
Q-2 Please elaborate how will you change the ideas to cover the legal risks involved.
What cases were important to freedom of speech?
Answer:
The U.S. Supreme Court has decided several cases involving the First Amendment rights of public school students, but the most often cited are Tinker v. Des Moines Independent Community School District (1969), Bethel School District No. 403 v. Fraser (1986) and Hazelwood School District v.
which of the following is true of school violence in the united states?
School violence in the United States is a subject of ongoing public concern and research interest. Violence is a broad and multifaceted topic that encompasses both interpersonal and structural factors.
There is no single or straightforward cause of school violence. Instead, a complex interplay of individual, social, and environmental influences contributes to it. Many factors contribute to the prevalence of school violence. Factors such as bullying, substance abuse, and poor mental health have been found to increase the risk of school violence.
School violence can have significant social, psychological, and educational consequences for victims, bystanders, and the wider community.
As such, it is essential to address the root causes of school violence, such as social inequality, poverty, and inadequate access to mental health resources. School violence may be physical or emotional, direct or indirect, and may take place within or outside of the school setting.
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Which level of gov relies the most on income tax? Federal ,state ,local
Answer:
Local
Explanation:
Taxes go straight to your local government then up to county, state, then federal. Local government is where taxes first end up and that is why local government relies on taxes the most.
Answer:
Federal
Explanation: Local governments mostly rely on the income from local properties, such as from the land they own and lease. The income tax, in contrast is the main source of the revenue of the federal government
Status offenses are violations of the law:
Answer:
if this is a true or false i would say false
Explanation:
i also need more info to help you
Regarding the role of the Commerce Clause in regulating business activity, which of the following statements about is not true? a. One purpose of the commerce clause is to prevent one state from isolating itself economically from other states. b. The Commerce Clause is seen as prohibiting discrimination against interstate commerce. c. The test for whether a state regulation violates the Commerce Clause is whether that regulation puts any burden on interstate commerce. d. All of these answer choices are true.
Regarding the role of the Commerce Clause in regulating business activity, the statement "The test for whether a state regulation violates the Commerce Clause is whether that regulation puts any burden on interstate commerce" is not true. Th correct option is c.
A more complex test must be used to determine whether a state regulation violates the Commerce Clause. It entails determining whether the state regulation discriminates against or imposes an excessive burden on interstate commerce.
The Supreme Court has created various tests over the years such as the dormant commerce clause test which looks at the goals, outcomes and relative importance of the various interests involved in the regulation. A state regulation is not automatically declared unconstitutional under the Commerce Clause just because it hinders interstate commerce in any way.
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Select all of the positive features of bureaucracy according to Max Weber.
- impersonality
- formal rules and procedures
- merit-based careers
- specialists for complex tasks
- clear hierarchy
All of the above mentioned
briefly describe the concept of the right of privacy and information privacy.
Answer:
The right to privacy is the entitlement individuals have to control their personal information, decisions, and private matters. Information privacy regards safeguarding personal data from unauthorized access, use, or disclosure. It involves principles, such as notice and consent, purpose limitation, data minimization, and security safeguards. In the digital age, information privacy is increasingly vital due to the collection and processing of vast amounts of personal data. It guarantees individuals the ability to determine how their data is collected, stored, used, and shared by organizations, governments, and online platforms.
Explanation:
The right of privacy is a fundamental human right that encompasses an individual's right to be free from unwarranted intrusion into their personal life, affairs, and private matters.
It includes the right to control and protect one's personal information, make autonomous decisions about personal matters, and maintain confidentiality.
Information privacy, a specific aspect of the right of privacy, pertains to the protection of personal information and data from unauthorized access, use, or disclosure. It involves individuals' rights to control the collection, storage, and dissemination of their personal data, as well as the right to be informed about how their information is being handled.
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Which of these conclusions about a premise of Obama's argument is supported by the text? A Leaders must often guide a country through simultaneous challenges. B Leaders must often make difficult choices to address competing needs in society. C The problems facing leaders today are more complex than those in the past. D The problems facing leaders today are largely of their own doing.
Answer:
C The problems facing leaders today are more complex than those in the past.
Explanation:
The leaders are one who set direction and guide people to do things rights in a set direction. Leader has a quality to inspire people and then people start following them. The president is the leader of the country whose decisions make an impact on the country. There are situations where leader has to make difficult decisions in order to save the country from challenges. The today world is exposed to more complex challenges than in the past.
Which of the following are examples of structuring ?
You are the prosecutor on a domestic violence-related murder. A husband brutally stabbed his wife more than 20 times. The first responding officer placed the husband into custody after arriving on the crime scene. The officer questioned the man about what happened. The man confesses to the officer at the scene that he had killed his wife because she had caught him cheating, and she was going to divorce him.
During your pre-trial preparation, you have a meeting with the officer. He tells you that he did not advise the husband of his Miranda Rights after taking him into custody, but before asking him questions. As an experienced prosecutor, you know that this might be an issue during the trial. You know of some legal loopholes that might allow you to get the confession entered into evidence, but only if the officer tells the truth that he did not read the Miranda Rights. During the trial, the defense attorney cross-examines the officer and asks, "Officer, did you read my client the Miranda Warnings before you interrogated him?"
There is NO video or other evidence to support or contradict whether the officer read the Miranda Warnings or not. The officer testifies that yes, he did read the Miranda Warnings. You know that the officer is lying on the witness stand. If you say something, you know that the confession will be thrown out, and the entire case will be tainted. You know that most likely that the defendant will be found not guilty and set free. If you say nothing, then the man will be convicted and sent to prison for the brutal murder. Ethically, what should you do?
As an experienced prosecutor, it is important to follow ethical rules. Ethically, it would be appropriate to inform the court of the officer's lie regarding the reading of the Miranda Warnings.
Here are some reasons to support this ethical decision:
If the officer lied, it would indicate that the confession was not voluntary because the defendant was not warned about his right to remain silent.The court would be more likely to dismiss the case if it became aware that an officer had lied under oath about Miranda Warnings.
In court, the prosecutor's primary duty is to seek justice, not to obtain convictions at all costs.There is no ethical dilemma since there is only one correct answer. The prosecutor must disclose the officer's testimony and allow the court to determine the credibility of the officer's testimony regarding Miranda Warnings.
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All the following are common exclusions found in liability policies except? Negligence, damage to property owned by insured, losses covered under workers comp, damage to property in insured care, custody or control
Common exclusions found in liability policies are damage to property owned by the insured.
What are liability policies?
Liability insurance is a component of the general insurance system of risk financing that shields the buyer from the risks of liabilities brought on by lawsuits and other claims of a similar nature.
It also shields the insured in the event that the buyer is sued for claims covered by the insurance policy.
Hence, the choice of damage to property owned by the insured is correct.
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Which task should happen during the planning stage of a projec
A:reflect on the project outcomes
B: prevent set-backs
C: determine the budget
D: reschedule to account for project updates
Answer:
c. determine the budget
hope this helps!
Explanation:
Judy owns 425 shares of stock, with a basis of $2712. The stock split 3 to 1. Judy now owns what?
Answer:
Explanation:If the stock split 3 to 1, this means that for every 1 share of stock that Judy owned, she now owns 3 shares. Since Judy owned 425 shares of stock before the split, she now owns 3 * 425 = 1275 shares of stock.
The basis of the stock, which is the original cost of the stock, does not change as a result of a stock split. Therefore, Judy's basis for the 1275 shares of stock is still $2712.
Based on the information, Judy now owns 1,275 shares and the price per share is $2.12
What is Stock?The holding certificates of any corporation are referred to as "stocks". Stocks signify ownership in a public company's business. The company's stock is made up of those little shares, and by purchasing stock in the company, you are depending on its long-term success and growth.
The quantity of outstanding shares increases by a fixed amount whenever there is a stock split. In the event of a 3 for 1 stock split, each shareholder will now own 3 shares instead of only 1.
Number of shares owned = 425 x 3 = 1,275 shares
The price of the stock decreases per share when there is a stock split.
Value per share = $2712 / 1,275 = $2.12
Hence, Judy currently owns 1,275 shares at a cost of $2.12.
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