Par Value Is the Value That Is Printed on the Face

question 44

True/False

Par value is the value that is printed on the face of the stock certificate.

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Definitions:

Shareholder Class Action

A lawsuit filed by one or more shareholders on behalf of a group of shareholders against a company, its management, or its board of directors for actions that have harmed the shareholders' interests.

Reasonable Litigation Expenses

Costs that are considered necessary and appropriate for the conduct of a legal case, including attorney fees, court fees, and other related expenses.

Defendants' Punitive Damages

Financial compensation that a defendant may be ordered to pay, over and above the actual damages, to punish and deter particularly egregious conduct.

Majority Shareholder

An individual or entity that owns more than 50% of a company's shares, giving them significant control over company decisions.