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  2. Topic
    Business
  3. Study Set
    Fundamental Accounting Principles
  4. Exam
    Exam 4: Organization and Operation of Corporations
  5. Question
    The Par Value of a Share Is
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The Par Value of a Share Is

Question 3

Question 3

Multiple Choice

The par value of a share is


A) Another name for the call price of a share
B) A type of callable share
C) The market value of the shares on the date of issuance
D) An unpaid dividend
E) An arbitrary value a corporation places on each of the corporation's shares

Correct Answer:

verifed

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