During Medieval Times, Merchants Hung an Object or Carving Outside

question 28

True/False

During medieval times, merchants hung an object or carving outside their door that would let passersby identify the goods they had for sale. The pretzel became the symbol for the baker in Germany.

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Definitions:

Contributed Surplus

The amount of money in excess of the par value of shares that shareholders have contributed to a company.

Retained Earnings

Profits that a company has earned to date, less any dividends or other distributions paid to shareholders, often reinvested into the business.

Repurchase Shares

the act of a company buying back its own shares from the marketplace, reducing the amount of outstanding stock.

Corporate Board

A body of persons chosen by stockholders to supervise and make key decisions for a company's management.