The Par Value of a Share Is

question 3

Multiple Choice

The par value of a share is

• A)Another name for the call price of a share
• B)A type of callable share
• C)The market value of the shares on the date of issuance
• D)An unpaid dividend
• E)An arbitrary value a corporation places on each of the corporation's shares

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Definitions:

Profitable

Generating income that exceeds expenditures, thus providing a financial gain for an entity.

Corporate Citizenship

The extent to which businesses meet the legal, ethical, economic, and voluntary responsibilities placed on them by their stakeholders.