Examlex
Which of the following is not a basic role of managers?
Share Transferability
The ease with which shares of a company can be transferred or sold from one party to another.
Paid-In Capital in Excess of Par
The amount of capital received from investors for stock, above its par value, also known as additional paid-in capital.
Preferred Stock
A type of stock that gives holders priority over common stockholders in terms of dividend payments and claims on assets in the event of liquidation.
Stock Dividend
A form of dividend payment made by a company to its shareholders in the form of additional shares, rather than cash.
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