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Quality Cleaning Corp. issued 50 no-par-value common shares for land with a market value of $4,000. Dillon had originally issued common shares at $100 two years ago, but there is currently no market value available for their shares. The amount of contributed capital arising from this transaction is:
Armed Robbery
A robbery where the perpetrator uses a weapon to threaten or cause harm, increasing the severity of the crime.
Aggravated
Made more severe or intense, especially in law, typically referring to more serious or intensified charges or consequences.
F.Lee Bailey
A prominent American defense attorney known for his role in several high-profile legal cases.
Misdemeanor
A crime less serious than a felony that is generally punishable by a prison sentence of not more than one year.
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