Examlex
Which of the following would a shipping company adopt in order to set a price that would charge its customers based on the actual distance?
Repurchased Shares
Stocks that have been bought back by the issuing company from shareholders, reducing the amount of outstanding shares on the market.
Outstanding Shares
A corporation’s shares currently held by shareholders.
Articles of Incorporation
A paper submitted to the state authorities to formally set up a corporation.
Authorized Shares
The maximum number of shares that a corporation is legally permitted to issue, as specified in its charter.
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