Examlex
An explanation for why something occurred is called a(n)
Par Value
The face value of a bond or stock as stated by the issuing company, which may differ from its market value.
Authorization
The official permission or power to do something, often formally granted by a higher authority.
Consent
Voluntary agreement or permission for something to happen or agreement to do something.
Earned Surplus Test
A financial measurement to assess a company's ability to pay dividends based on its accumulated, undistributed profits.
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