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A Company Sells Computers Only Over the Internet

question 35

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A company sells computers only over the internet. Customers can decide their own computer configuration at the company's website and then place the order for the computer. This is an example of:


Definitions:

Authorized Shares

Authorized shares are the maximum number of shares that a corporation is legally permitted to issue, as specified in its corporate charter.

Stockholders' Equity

The residual interest in the assets of a corporation after deducting liabilities, representing ownership equity spread among individual shareholders.

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