Which of the Following Is True About Par-Value Stock

question 3

Multiple Choice

Which of the following is true about par-value stock?

• A)The par value of the stock must equal the value of money, property, or services received by the corporation.
• B)The par value of the stock must equal the value of money, property, or services received by the stockholder who sells it.
• C)Common stock usually has a par value.
• D)When sold by a corporation at a discount the corporation is liable to make up the discount.

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Definitions:

Council of Economic Advisers

A panel of three noted economists who advise the President of the United States on economic policy.

U.S. Monetary Policy

The process by which the Federal Reserve controls the supply of money in the U.S. economy to achieve stable prices, maximum employment, and moderate long-term interest rates.

U.S. Department of the Treasury

The federal department responsible for managing government revenue, producing currency, and implementing fiscal policies.

Pie Charts

Graphical representations used to illustrate the proportions of different components within a total.