​ -Identify the Default Type of the Background-Attachment Property

question 30

Multiple Choice

​
-Identify the default type of the background-attachment property.

• A) ​space
• B) ​scroll
• C) ​local
• D) ​fixed

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Definitions:

Par Value

The face value of a share of stock, as stated in the corporate charter, which may be unrelated to its market value.

No-Par Value Stock

Stock issued without a specified face value but which may have a stated value assigned by the company.

Stated Value

The value assigned to no-par-value stock by the board of directors of a company, which can then be used as the basis for accounting and legal purposes.

Dividends in Arrears

Unpaid dividends on cumulative preferred stock, which must be paid out before any dividends can be issued on common shares.