Which One of the Following Phrases Is Least Desirable When

question 64

Multiple Choice

Which one of the following phrases is least desirable when describing an amount received from a sale of stock in excess of the par value of the stock?

• A)paid-in capital in excess of par value
• B)capital surplus
• C)premium on common stock
• D)contributed capital in excess of par value

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Definitions:

Single Ethnicity

Pertains to individuals or groups that identify with or belong to only one specific ethnic background, culture, or heritage.

Chinese Exclusion Act

A United States federal law signed in 1882 that prohibited all immigration of Chinese laborers.

Provisions

Supplies of food, drink, or equipment, especially for a journey or special purpose.

Stereotype Interchangeability

The notion that stereotypes, while fixed in general, can be applied to any member of a targeted group without consideration for individual differences.