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    Dynamic Business Law Study Set 1
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    Exam 22: Corporations: Formation and Organization
  5. Question
    ________ Stock Has a Fixed Face Value Noted on the Stock
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________ Stock Has a Fixed Face Value Noted on the Stock

Question 37

Question 37

Multiple Choice

________ stock has a fixed face value noted on the stock certificate.


A) No-par value
B) Par-value
C) Watered
D) Valued
E) In-kind

Correct Answer:

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