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In Many States,the Minimum Amount That Stockholders Must Contribute to the Corporation,and

Question 41

Multiple Choice

In many states,the minimum amount that stockholders must contribute to the corporation,and which is intended to protect the creditors of the corporation,is called the:


A) Par value of preferred.
B) Minimum legal capital.
C) Premium capital.
D) Stated value.
E) Working capital.

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