Which of the Following Statements Is True with Regard to Contributed

Multiple Choice

Which of the following statements is true with regard to contributed capital?

A) Preferred stock is stock that has been retired.
B) It is very unlikely corporations may have more than one class of stock outstanding.
C) The outstanding number of shares is the maximum number of shares that can be issued by a corporation.
D) The shares that are in the hands of the stockholders are said to be outstanding.