The Authorized Shares of a Corporation

question 109

Multiple Choice

The authorized shares of a corporation

• A)only reflects the initial capital needs of the company.
• B)is indicated in its by-laws.
• C)is indicated in its charter.
• D)must be recorded in a formal accounting entry.

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Definitions:

Helping Behaviour

Refers to actions intended to provide assistance or benefit to another person or group of people.

Virtuous Behaviour

Actions that are morally good and exhibit virtues like integrity, honesty, courage, and kindness.

Kitty Genovese

An American woman whose 1964 murder in New York City became a case study in the social psychology of diffusion of responsibility.

Callous

Exhibiting or having an insensitive and cruel disregard for others.