Free Trade Zones

question 74

Multiple Choice

Free trade zones

• A)are also called export processing zones
• B)offer duty free import and storage
• C)are owned by development banks
• D)are outside the reach of the law

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Definitions:

Treasury Stock-Common

Treasury stock-common refers to shares of a company's own common stock that it has reacquired from shareholders but has not retired.

Paid-In Capital

Funds contributed by investors through the purchase of stock directly from the company, representing ownership in the company.

Reissued

The process of issuing again or renewing, often used in the context of stocks, checks, or documents that are put back into circulation.

Cash Dividend

A disbursement from a corporation to its shareholders, typically issued in cash, derived from its profits.