Authorized Shares Represent The

question 100

Multiple Choice

Authorized shares represent the:

• A) number of previously issued shares that have been repurchased by the corporation.
• B) number of shares that the corporation has sold.
• C) number of shares that are currently held by stockholders.
• D) maximum number of shares of stock that a company can legally issue.

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Definitions:

Hydrogen Bonds

Weak bonds between a hydrogen atom in one molecule and an electronegative atom (often oxygen or nitrogen) in another, important in the structure of water and DNA.

Carbon Atom

The fundamental chemical element with symbol C, essential to all known life forms and the basis of organic chemistry.

Carboxyl Group

A weakly acidic functional group; abbreviated —COOH.

Ionized

Refers to an atom or molecule that has gained or lost electrons, thus acquiring a charge and becoming an ion.