Examlex
Which of the following statements about new-generation jails is false?
Common Stock
A type of equity security that represents ownership in a corporation, with voting rights and a share in profits through dividends.
Paid-In Capital
Paid-in capital is the amount of money a company has received from shareholders in exchange for shares of stock.
Par Value
The nominal or face value of a bond, share of stock, or other financial instrument, as stated by its issuer.
Preferred Stock
A class of ownership in a corporation that has a higher claim on assets and earnings than common stock, typically with dividends that must be paid out before dividends to common stockholders.
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