Mega Computer Issued Stock with a Face Value of One

question 117

Multiple Choice

Mega Computer issued stock with a face value of one cent and then sold the shares to the public for $20.00 each.Ted bought 10 shares at that price.Today,Ted sold his shares to Deirdre for $25.00 each.What is the market value of the stock?

• A)$50.00
• B)$25.00
• C)$20.00
• D)$19.99
• E)$0.01

---

Definitions:

Norms

Are rules or standards for the behavior of group members.

Normative Theory

A theoretical framework that prescribes how things should or ought to be, often used in ethical, political, or policy debates.

Ethical Problems

Dilemmas or situations that require a choice between options that are or appear to be, ethically wrong or right.

Leading

Leading creates enthusiasm to work hard to accomplish tasks successfully.