Issued Shares Are the Number of

question 186

Multiple Choice

Issued shares are the number of

• A) authorized shares that have been sold.
• B) shares a corporation is legally able to sell.
• C) shares sold each year by the corporation.
• D) authorized shares in the corporation's articles of incorporation.

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Definitions:

Commodity Money

Money whose value comes from a commodity of which it is made, such as gold and silver, used historically as a medium of exchange.

Token Money

Money whose face value exceeds its cost of production.

Coins

Pieces of metal issued by the government as money, typically used as lower-value currency.

Barter

An exchange system where goods or services are directly exchanged for other goods or services without using a medium of exchange, such as money.