If No-Par Stock Is Issued Without a Stated Value Then

question 142

Multiple Choice

If no-par stock is issued without a stated value then

• A) the par value is automatically $1 per share.
• B) the entire proceeds are considered to be legal capital.
• C) there is no legal capital.
• D) the corporation is automatically in violation of its state charter.

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Definitions:

Treatment Retention

The ability to keep individuals engaged and participating in a treatment program for its intended duration.

Racially-Ethnically Matched

The pairing of therapists and clients who share similar racial or ethnic backgrounds, potentially enhancing therapeutic alliance.

Moderate Differences

Variations or disparities of a reasonable or average degree within any given set of elements or circumstances.

Reparative Therapy

A controversial and largely discredited form of therapy aimed at changing a person's sexual orientation from homosexual or bisexual to heterosexual.