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The Articles of Confederation created a strong national government with a centralized bureaucratic structure.
Preferred Stock
A class of shares which typically provides a fixed dividend and has priority over common stock in the distribution of assets during liquidation.
Shares
Shares representing ownership rights in a corporation or financial asset, guaranteeing a fair share of profits through dividends, if declared.
Par Common Stock
This represents the nominal or face value assigned to common stock shares, which is the minimal amount shareholders must contribute and is not necessarily related to the market value.
Market Price
The current value at which an asset or service can be bought or sold in a transaction between willing parties.
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