Treasury Shares Represent the

question 193

Multiple Choice

Treasury shares represent the

• A)number of previously issued shares that have been repurchased by the corporation.
• B)number of shares that the corporation has sold.
• C)number of shares that are currently held by stockholders.
• D)maximum number of shares that can be sold by the corporation.

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Definitions:

Partnerships

A form of business organization in which two or more individuals manage and operate a business in accordance with the terms and objectives set out in a partnership agreement.

Treasury Stock

Treasury Stock represents shares that were issued and subsequently repurchased by the company, reducing the amount of outstanding stock on the open market.

Common Stock

A type of security that represents ownership in a corporation, granting holders voting rights and a share in the company’s profits via dividends.

Treasury Shares

Shares that were once part of the circulating supply of stock but were subsequently reacquired by the issuing company, reducing the amount of outstanding stock on the open market.