Answer the Question or Give an Explanation

question 25

Short Answer

Answer the question or give an explanation.
-List and explain some differences between personal and business checking accounts.

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Definitions:

Market Value

The current value of an asset or company based on the price that it can be sold in the open market.

Paid In Surplus

The amount of money paid by investors for shares above their nominal value, representing additional contributed capital.

Stock Split

A corporate action in which a company divides its existing shares into multiple shares to boost the stock's liquidity, though the market capitalization remains the same.

Par Value

The nominal or face value of a bond, share of stock, or coupon as stated by the issuer.