An Instance of a Class Does Not Have to Exist

question 7

True/False

An instance of a class does not have to exist in order for values to be stored in a class's static fields.

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Definitions:

Par Value

The nominal or face value of a share of stock or a bond as stated by the issuer, which is often minimal and has little relation to its market price.

Business Combination

The process of merging two or more companies into a single entity, often to expand business operations or to enter new markets.

Consolidated Common Stock

The aggregation of common stock of a parent company and its subsidiaries, presented as total common stock in consolidated financial statements.

Common Stock

Common stock represents ownership shares in a corporation, giving holders voting rights and a portion of the company's profits through dividends.