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    College Accounting Study Set 2
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    Exam 18: Corporations: Organizations and Stock
  5. Question
    When a Company Sells Stock at an Amount Less Then
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When a Company Sells Stock at an Amount Less Then

Question 17

Question 17

Multiple Choice

When a company sells stock at an amount less then par value, the amount is referred to as:


A) a discount.
B) a premium.
C) a bonus.
D) Companies cannot sell stock for more than par value.

Correct Answer:

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