Examlex
Which of the following is not a characteristic of a corporation?
Par Value
The face value of a bond or stock as set forth in its certificate.
Two-For-One Stock Split
An action by a company to increase its number of shares by dividing each existing share into two, often to make the stock more affordable.
Common Stock
A form of corporate equity ownership, a type of security representing an ownership interest in a corporation.
Revised Act
An amended version of legislation that incorporates changes and updates to the original act.
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