Which of the Following Numbers of Shares Could Properly Exist

question 40

Multiple Choice

Which of the following numbers of shares could properly exist in a corporation?

• A) 100,000 authorized,90,000 issued,and 80,000 outstanding
• B) 100,000 authorized,90,000 outstanding,and 80,000 issued
• C) 100,000 issued,90,000 outstanding,and 80,000 authorized
• D) 100,000 outstanding,90,000 issued,and 80,000 authorized
• E) A or C

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