The Par Value of Stock Is an Assigned Per-Share Amount

question 190

True/False

The par value of stock is an assigned per-share amount defined in many states as legal capital.

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Definitions:

Echinoderms

A phylum of marine animals characterized by radial symmetry, a calcareous skeleton, and a complex water vascular system, including starfish, sea urchins, and sea cucumbers.

Arthropods

Invertebrate animals having an exoskeleton, a segmented body, and paired jointed appendages.

Flatworms

A diverse group of invertebrates belonging to the phylum Platyhelminthes, characterized by their flat, soft bodies.

Chelicerates

Arthropod group with specialized feeding structures (chelicerae) and no antennae; arachnids and horseshoe crabs.