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    Principles of Accounting Study Set 1
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    Exam 13: Accounting for Corporations
  5. Question
    Par Value Is the Minimum Cushion of Capital Established for the Protection
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Par Value Is the Minimum Cushion of Capital Established for the Protection

Question 50

Question 50

Multiple Choice

Par value is the minimum cushion of capital established for the protection of


A) investors (stockholders) .
B) management.
C) creditors.
D) customers.

Correct Answer:

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