Multiple Choice
Par value of a share of stock represents the
A) market value for which the stock will originally be sold.
B) book value of each share at the date of incorporation.
C) premium paid to acquire the share on a stock exchange rather than "over the counter."
D) maximum legal amount for which the share may be sold.
E) none of the above.
Correct Answer:
Verified
Correct Answer:
Verified
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