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  2. Topic
    Business
  3. Study Set
    Auditing A Business Risk Approach
  4. Exam
    Exam 14: Audit of Longer-Term Liabilities, equity, acquisitions, and Related-Entity Transactions, long-Term Liabilities, and Equity
  5. Question
    When Stock Is Valued at Amounts Substantially Greater Than the Value
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When Stock Is Valued at Amounts Substantially Greater Than the Value

Question 18

Question 18

Multiple Choice

When stock is valued at amounts substantially greater than the value of the assets transferred to the corporation,it is called


A) no par stock.
B) watered stock.
C) par value stock.
D) preferred stock.

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