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The Number of Common Shares Authorized Can Never Be Greater

question 121

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The number of common shares authorized can never be greater than the number of shares issued.


Definitions:

Drive

An internal motivational state created by physiological or psychological needs.

Extrinsic Motivation

A form of motivation that drives individuals to perform tasks and engage in activities mainly because of external rewards or to avoid punishment.

Intrinsic Motivation

The drive to engage in an activity for its own sake, without the need for external reward or recognition.

External Reward

A reward that comes from outside the individual, often used as motivation for behavior, such as money, grades, praise, or awards.

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