In the Articles of Incorporation Jurisdictions, the Concept of Authorised

Multiple Choice

In the articles of incorporation jurisdictions, the concept of authorised capital has been abolished. Now, what's important is

A) whether a new issue can be sold to current owners.
B) whether the distinction can be maintained between the preferred and the common shares.
C) the total number of shares issued and consideration received for each of those shares.
D) the difference between issued capital and paid- up capital.
E) whether there is a par value or a no par value on the shares sold.