____________________ Shares Are the Maximum Number of Shares a Corporation

question 95

Short Answer

____________________ shares are the maximum number of shares a corporation can legally issue.

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Definitions:

One Class of Stock

A corporate structure where all shares offer the same rights, privileges, and limitations to shareholders, without tiered levels of stock.

Corporate Name

The legal name under which a corporation is registered to do business, which is protective and exclusive in many jurisdictions.

Distinguishable

Capable of being recognized as different or distinct from others based on specific characteristics or criteria.

Surnames

The family or last names that identify individuals as belonging to a certain family lineage or heritage.